Invest In The Best Armenian Startups


Flat Rate Membership Fee, No Carry, No Hidden Fees

STAN is a network of international entrepreneurs united with a mission to invest and mentor Armenian early-stage technology startups that have something to offer the world, if given the opportunity.

43

Angels

6

Countries


We back future-focused founders with the grit to grow internationally 10x in 5 years.

23

Deals

$1M+

Total Funding


Impactful Investment in Armenia

Through STAN angel investors access carefully selected early-stage tech startups with a solid growth potential. STAN has the following investment tracks:

  • Moonshot Projects: High-risk, high-gain deep-tech startups. Idea to Product Ready Stage.

  • Traditional Angel Investment: Science & tech innovation projects. Product-ready stage with solid traction.

  • Women-Led Startups: Impact investment to foster women entrepreneurship. Idea to product-ready stage.


Upcoming Events

Dec 5, 2024

Offline Event

STAN LA Chapter Launch
By STAN & Triple S Ventures

About

History

STAN was established in February 2018 at the initiative of the Foundation for Armenian Science & Technology with a vision to bring together prominent Diaspora Armenians to join their financial capital, network and entrepreneurial talent and help engraving best tech entrepreneurship knowledge in Armenia.
Within 5 years, STAN grew from a group of 18 founding angels into a group of around 43 angels from 6 countries who made over 800 000 USD in investments in 17 startups.

Ruben Osipyan

Being operated by FAST as an informal group of angel investors for 5 years, STAN has accumulated expertise in startup sourcing, deal structuring, maintaining the relations with angels, startup ecosystem and a broader community of supporters in Diaspora and Worldwide.

Ruben Osipyan

“STAN's growth reflects the shared commitment to nurturing the Armenian startup ecosystem. This is a remarkable milestone, and we owe this success to the unwavering support of our angels, partners, and the inspiring startups that have been an integral part of our journey”, Armen Orujyan, a Founding CEO of FAST and a Founding Angel of STAN.


STAN matured over the past five years, reached a point where it can operate independently.STAN officially spun out of FAST in July 2023 to continue its mission as a not-for-profit Foundation with its own Governance Structure entailing the Board of Trustees and an Operational Team.

Board of Trustees

Igor Khalatian

Igor Khalatian

Chairman, Co-Founder

Ruben Arutyunyan

Ruben Arutyunyan

Co-Founder

Avetis Antaplyan

Igor Khalatian

Board Member, Angel

Alexandre Meterissian

Alexandre Meterissian

Board Member, Angel

Suzanna Shamakhyan

Suzanna Shamakhyan

Ex-Officio Board Member, VP of Strategic Programming at FAST

Operational Team

Ruben Osipyan

Ruben Osipyan

CEO

Angels

A Global Network of Angel Investors

80% of STAN angels hail from the Armenian Diaspora, with a strong presence in the USA and Europe. This global reach provides startups with access to connections in the global innovation hubs like Silicon Valley, Boston, New York, and London.

From tech entrepreneurs with multi-million exits to inventors with multiple US patents, from fiber optics experts to private equity executives, legal experts to serial entrepreneurs, and pioneers in renewable energy, STAN angels offer a unique combination of expertise to help our portfolio startups thrive.

Join STAN's Global Network!


STAN Co-Founders

Igor Khalatian

Igor Khalatian

Ruben Arutyunyan

Ruben Arutyunyan

STAN Founding Angels

Armen Orujyan

Armen Orujyan

Artur Alaverdyan

Artur Alaverdyan

Arthur Tovmasyan

Arthur Tovmasyan

Ruben Vardanyan

Ruben Vardanyan

Ruben Vardanyan

Ruben Vardanyan

Vahan Vardanyan

Vahan Vardanyan

STAN Angels

Ace Tarakchian

Ace Tarakchian

Alexandre Meterissian

Alexandre Meterissian

Armen Martirosyan

Armen Martirosyan

Armen Panossian

Armen Panossian

Art Ghazaryan

Art Ghazaryan

Artur Galstian

Artur Galstian

Asbed Kassis

Asbed Kassis

Astghik Khachatryan

Astghik Khachatryan

Avetis Antaplyan

Avetis Antaplyan

Gayane Aghajanyan

Gayane Aghajanyan

Gugo Martikyan

Gugo Martikyan

Harut Muradyan

Harut Muradyan

Hayk Harutyunyan

Hayk Harutyunyan

Hayk Mamajanyan

Hayk Mamajanyan

Hermann Koch

Hermann Koch

Hovhannes Mardirossian

Hovhannes Mardirossian

Hratch Mangassarian

Hratch Mangassarian

Alexandre Meterissian

Hratch Sofian

Karén Tonoyan

Karén Tonoyan

Kevin Bartanian

Kevin Bartanian

Levon Budagyan

Levon Budagyan

Narine Kotikyan

Narine Kotikyan

Paul Garibian

Paul Garibian

Sargis Badalyan

Sargis Badalyan

Sascha Gharibyan

Sascha Gharibyan

Sassoon Kosian

Sassoon Kosian

Sergey Yengoyan

Sergey Yengoyan

Shahe Bagerdjian

Stephan Reckie

Stephan Reckie

Seline Karakaya

Seline Karakaya

Vahag Karayan

Vahag Karayan

Vahram Sukyas

Vahram Sukyas

Yervand Sarkisyan

Yervand Sarkisyan

Zarik Boghossian

Zarik Boghossian

Startup Directory

We support early-stage Armenian tech startups

23

Deals

$1M+

Total Funding


Our Portfolio Teams

Biotech

  • Denovo Sciences: Deep tech startup that creates novel therapeutics using state-of-the-art AI technologies.

HW & Technology

  • Waveye: Imaging radars for autonomous platforms, combining cutting-edge signal processing algorithms and AI.

  • Grovf: Application acceleration and network offload company using FPGA programmable chips.

  • Kerpak: AI-powered Store as a service (SaaS) unattended technology solutions for retail, food, and consumer packaged good brands.

  • TACTUN: No-code AI-powered industrial controller and app builder for machinery manufacturers.

  • AxonaLab: Tech and innovation startup that uses applied Neuroscience and AI technology to boost marketing campaigns.

AI

  • saima: World's #1 AI-based adaptive video controller to understand, memorize & focus better in less time.

  • manot: Automated continuous feedback loop on data curation and model evaluation.

  • dowork.ai: Contact Center's AI Agent that automates up to 80% of customer interactions online and over phone.

EdTech

  • GembaPro: Empowering forward-looking mining and construction companies to build a safe and productive workplace.

  • PopUp School: A personalized e-learning EdTech platform that matches teaching and learning styles for 8-12 graders’ impactful learning.

HealthTech

  • DoctorYan: Doctor Yan helps doctors to channelize their booking process & makes it easier to search for doctors & make appointments.

  • Bliink: AI-powered desktop app designed to help computer users to mitigate unhealthy impact of digital screens by building healthy working habits.

LegalTech

  • Corpora: It can take up to 3 months and cost up to $100K to get money in your account. Corpora helps you close your round in a fraction of the time and cost.

Creators & Influencers

  • BrandLens: We are the Future of UGC Sourcing. Our unique platform provides simple, efficient and cost-effective means of collecting and curating UGC.

  • HopShop: We are revolutionizing the way people shop by turning fashion looks on your Instagram page into clickable and shoppable experiences.

  • doodooc: Unique Music Visualizations. Make audio reactive animations as diverse as your music!

  • Mythrill: Mythrill specializes in worldbuilding and interactive reading experience, focused on Sci-Fi & Fantasy.


Investment Criteria

We're industry agnostic, but

We prioritize startups that do deep-tech and AI.

Value-add synergy

We seek balanced teams of tech gurus and performing execs.

We look for coachables

We work with energetic founders who are eager to evolve.

We invest in growth potential

Planning for a 10x growth within the next 5 years


Startup Application Process

Startup Sourcing

STAN scouts promising startups, ensuring access to the most promising teams in the Armenian startup ecosystem.

Pitching Sessions

Several times per year STAN organizes pitching events where STAN angel investors meet the startup founders and identify investment opportunities.

Deal Management

STAN team facilitates the negotiation and management of investment deals, streamlining the process for both angels and startups.

Investment Facilitation

Angel investors invest in startups individually or through a syndicate created by STAN. STAN team facilitates the process making it seamless.

Community Management

STAN team manages our community of angel investors and founders, providing networking opportunities, educational resources, and ongoing support.

Monitoring & Reporting

We continuously monitor the progress of our portfolio teams and provide regular reports to the STAN angels, ensuring transparency and accountability.

Igor Khalatian

Igor Khalatian

Chairman, Co-Founder

Igor is an entrepreneur with over 20 years of successful expertise in high-tech sector globally.Igor established a co-browsing and screen-sharing technology startup LiveLOOK in 2007 that was acquired by Oracle in 2014. Later, he assumed the role of Vice President of Development at Oracle. In the mid of 2023, Igor founded the world’s first AI-based dating service IRIS Dating.He has a master's degree from Yerevan Polytechnic Institute, a doctorate in computer science from the USSR Academy of Sciences, and a Ph.D. from the Bell Labs research facility in the US. Dr. Khalatian is the author of 13 US patents. He is also an official member of the Forbes Technology Council.Igor Khalatian, together with a group of 18 additional angels, established STAN. Starting from 2018, he has held a position as one of the co-chairs within the organization. Igor's influence has been crucial in molding the development and influence of the Armenian startup ecosystem.

Ruben Arutyunyan

Ruben Arutyunyan

Co-Founder

Ruben's diverse background includes being the founder and CEO of HENDERSON Fashion Group, a prominent men's business and leisure outfit retailer with an extensive presence across more than 50 cities globally.He graduated from the Yerevan Polytechnic University with a mechanical engineering degree in 1989. Additionally, he has an MBA from Moscow's Higher School of Commerce. Between 2017 and 2019, he presided over the board of trustees of the Ayb Educational Foundation. He has supported the UWC Dilijan educational project and has served as chairman of the Ayb School Board of Trustees. He has also been a member of the Aznavour Foundation Board of Trustees since 2019.Ruben Arutyunyan is one of the initiators of creating the Science & Technology Angels Network in 2018. He has been the founding angels who were with STAN since its inception in 2018. Over the course of 5 years, he was the Co-Chair of the STAN. Ruben has played a pivotal role in shaping the growth and impact of technology-focused startups in the region.

Avetis Antaplyan

Avetis Antaplyan

Board Member, Angel

Avetis is an award-winning CEO, mission-driven Technologist, Entrepreneur and Angel Investor.He is the Founder & CEO of HIRECLOUT, a 2-Time Inc. 5000 Fastest Growing Company and a Global Tech Recruiting and Consulting firm with partners such Uber, Hulu, SonyPS, Salesforce, LinkedIn, Rivian, Stubhub and many of the best tech companies in the world. He has helped hundreds of companies scale their Tech & Engineering, leading to acquisitions and IPOs.Avetis’s educational background includes completing the Executive Leadership program at Stanford University Graduate School of Business and Business & Economics degrees California State University, Northridge. Avetis is also an official member of the Forbes Technology CouncilAvetis Antaplyan joined STAN in 2021, bringing with him a wealth of experience and a strong commitment to supporting Armenian startups as an investor and advisor. Avetis is among the most active angels of the STAN. His portfolio includes startups such as Saima, Doodooc, BrandLens, PopUp School, DoctorYan, Bliink, and many others.Avetis's main passion lies in empowering the Armenian tech ecosystem to reach new heights and emerge as a global leader. Through his active involvement with STAN and dedication to supporting local startups, he endeavors to propel Armenia's tech landscape to international prominence.

Alexandre Meterissian

Alexandre Meterissian

Board Member, Angel

Alexandre has deep expertise in public policy, communications and corporate strategy and has advised the senior leadership of many high-profile organizations in managing through strategic policy issues as well as regulatory, financial and business challenges.Some of his clients have included Uber, Expedia Group, Intuit, Coca-Cola, BlackRock Metals, Altasciences, Syneos, HEXO, Rio Tinto, ArcelorMittal, Shoppers Drug Mart and GlaxoSmithKline.Prior to joining Teneo, Alexandre was a partner at HATLEY Strategy Advisors which was acquired by Teneo in 2020. He led the government affairs group advising clients on policy issues both provincially in Québec and federally in Ottawa.Previously, Alexandre worked for Canada’s Foreign Affairs and Immigration Ministers in Ottawa. Alexandre received his bachelor’s degree (B.A. Arts) at McGill University and his master’s in business (M.Sc. Strategy) at HEC Montréal.As a proud Armenian-Canadian, one of Alexandre's passions is the economic development of the Republic of Armenia. He is currently the Canada representative for Enterprise
Armenia, which is the national promotion authority of the country.
Alexandre is an angel investor and an LP in a Canadian-based venture capital fund.Alexandre joined STAN in January 2023, and in this brief period, has already showcased an active commitment to supporting STAN programs and engaging with Armenian startups. With a demonstrated passion for fostering growth and innovation, Alexandre's active involvement in STAN initiatives and his extensive background make him a valuable board member.

Suzanna Shamakhyan

Suzanna Shamakhyan

Ex-Officio Board Member, Executive Director at FAST

Suzanna Shamakhyan, is an ex-officio board member of STAN appointed by FAST. She is a versatile leader dedicated to education, network-building, and youth empowerment. At Foundation for Armenian Science and Technology (FAST), she leads transformative efforts to reform Armenia's science and innovation ecosystem, driving initiatives to modernize education and advance research. With extensive experience in leadership roles over the last 12 years, she spearheads impactful projects, creating a multiplying impact.
Suzanna is an Associate Professor at the American University of Armenia, contributing to students' academic development by combining practical knowledge with a global perspective. Previously, as the Head of International Cooperation at Russian-Armenian University, she facilitated partnerships with institutions from 40 countries, implementing 25 major projects that fostered global collaboration. As the driving force behind building the university's internationalization strategy and structures, she established the department from the ground up.
Beyond her professional work, Suzanna is actively involved in volunteerism, supporting causes ranging from human rights to educational opportunities for indigenous communities. Her dedication to creating impact led her to establish the European Youth Parliament (EYP) in Armenia. As the Founding President of EYP Armenia in 2012, she created a platform for over 10,000 young Armenians to become active participants in society, fostering dialogue, leadership skills, and civic responsibility.

Armen Orujyan

Suzanna Shamakhyan

Founding Angel

Armen Orujyan, Ph.D., is the Founding CEO of the Foundation for Armenian Science and Technology (FAST). FAST is a nonprofit organization that helps foster an ecosystem in Armenia that drives scientific advancement and technological innovation in the country and beyond. Under Armen’s leadership, FAST has launched science-intensive acceleration programs inclusive of startup incubators, and venture builders focused on Artificial Intelligence (AI) and Biotechnology, a Creative Campus supporting young scientists and early-stage startups, educational programs providing broad knowledge in AI as well as comprehensive training in Machine Learning, Reinforcement Learning and other critical Data Science fields, a Fellowship for the top 10% of all PhDs in Armenia in STEM, numerous scientific grants and the first Science and Technology Angels Network in Armenia. The impact has reached over 6,000 students, scientists, and entrepreneurs.Armen is also the founder and former Chairman of Athgo Corporation, one of the world’s leading entrepreneurship platforms in consultative status with the UN Economic and Social Council, the UN Department of Public Information, and the World Intellectual Property Organization. Athgo has advanced innovation ecosystems in Europe and Africa and established recurring Global Innovation Forums at the UN and the World Bank headquarters. Armen’s pioneering initiatives have provided financial, intellectual, and network capacities to nearly 10,000 young innovators, entrepreneurs, and students from over 600 universities in 80 countries.

Artur Alaverdyan

Suzanna Shamakhyan

Founding Angel

Artur Alaverdyan is the Founder of SOLARON - Solar Panel Manufacturer, and Co-Founder of FAST. He is the owner and chairman of ProfHolod, the largest manufacturer, the leader of the EURASEC market in its segment. He is also founder of Solaron Solar Panel Manufacturer. Founder, ex-chairman and board member of the professional Association NAPPAN, a member of the Managing Committee of PU Europe Association (Brussel). Artur Alaverdyan was granted the degree and qualification of the engineer-physicist at the National Research Nuclear University (MEPhI, Moscow). The professional activity of the scientist began at the Physical Institute of the Russian Academy of Sciences (LPI RAS, Moscow, Russia). He has 20 years of successful business activity in Russia. The serial entrepreneur has several successful “exits”. Holds an ExMBA degree in strategic management (Moscow). He also studied in Paris and Amsterdam. He actively invests in the Armenian economy in the fields of recreational development and production of renewable energy sources (“Park Resort Agveran” and “SolarOn”). He is also engaged in public activities as a Member of the “Ayb” Club, is the chairman of the FAST and a member of the advisory council of the Repat Armenia Foundation. His current key interests are focused on alternative energy, impact investing, and innovation.

Arthur Tovmasyan

Suzanna Shamakhyan

Founding Angel

Artur Tovmasian is a serial entrepreneur, CEO, and founder of International Food Technologies (IFT), owner of restaurant chains Vkusnolubov, which was presented at Sochi Olympic Games in 2014; Grand Prix Formula 1 Sochi 2014; Blinerie, recognized as the Best new concept at Mapic 2016, Cannes, France; Royal-Kebab, quick service restaurant, serving Middle Eastern cuisine; as well as Pancs, an outlet specialized in crafted pancakes, crepes, and artisan coffee. Starting his professional activity in 2002 as a marketing specialist at Rostselmash, one of the leading plants in Rostov region, Russia, in September 2004 Artur became one of the founders and the chief executive officer in Vkusnolubov, which has grown into a wide chain of cafes and retail outlets of fast and healthy food with more than 1000 employees, in 13 years of operation. Artur’s new projects are targeted at the markets in the European Union and the UK and include e'CLR, a modern eclair bar; as well as Avobar, a boutique restaurant serving avocado-based dishes in London. Artur is a graduate of the Rostov State University of Economics, holding degrees in Customs Affairs (2001) and in World Economics (2004). Artur’s professional engagements are highly appreciated by regional authorities in Rostov. He has received numerous letters of gratitude, certificates, diplomas, and medals in recognition of his professional achievements. Artur is an active participant in charity and social events.

Ruben Vardanyan

Suzanna Shamakhyan

Founding Angel

Ruben Vardanyan is a social entrepreneur, impact investor, and venture philanthropist. A recognized expert on the global economy, entrepreneurship and education, he provides strategic consulting through his membership of boards of directors, advisory boards and trusteeships of commercial companies, non-governmental organizations, educational institutions, and public and professional bodies. Among them are Aznavour Foundation, business schools in Russia and Brazil, a major Armenian bank (Ameriabank) and Russia’s auto major (SOLLERS). A prominent financier, Ruben is known both for his commercial projects (investment companies Troika Dialog and Vardanyan, Broitman and Partners) as well as his deep-reaching philanthropic programs, such as the first UWC college in Eastern Europe (Dilijan, Armenia) and the Tatev Revival Project, part of which includes the construction of the world’s longest cableway leading to an ancient monastery. Together with their partners, Ruben and his family have invested about 600 million USD in projects in Armenia, developing a commercial approach that relies on involving blended financing to find solutions to social problems. They have also raised over 500 million USD to finance the first private business school in Russia – a pioneering institution both in terms of scale and in its collaborative nature. In 2015, Ruben co-founded another global project, the Aurora Humanitarian Initiative, on behalf of the survivors of the Armenian Genocide and in gratitude to their saviors. He spends a significant amount of his time on projects related to the development and professionalization of charity infrastructure in Russia (Philanthropy Infrastructure – PHILIN) and the questions of wealth and legacy curation (Phoenix Advisors). With support from Ruben, Troika Dialog, SKOLKOVO business school, and several charitable foundations, classics of world business literature were published in Russia. Since 2016 he has chaired the judging panel of the PwC “Business Book of the Year in Russia” Award.

Ruben Vardanyan

Suzanna Shamakhyan

Founding Angel

Ruben Vardanyan is an innovative and results-driven leader with more than a decade of experience in building hi-tech companies. He is a founder and chief executive officer of Joomag, a US-based SaaS company that provides integrated solutions for creating interactive digital publications. Under Ruben’s guidance, the company has developed a series of revolutionary products and has grown into an industry leader. He has extensive experience working with SMBs as well as large enterprises, including Fortune 500 companies. He is an angel investor, advisor and serves as a board member for various tech startups. Prior to Joomag's experience, Ruben was the founding CEO of mobile app development company Magy. The company produced several best-sellers and award-winning apps. In addition to being a master strategist, Ruben is an aficionado of all aspects of computer programming, security, databases, software, protocols, and web servers. In fact, he co-authored principles of C++ and authored programming in Macromedia Flash Action Script. Along with his executive education from Harvard Business School, Ruben holds a PhD in computer science, and maintains active involvement in workshops, and training; he is a guest speaker at several international conferences.

Vahan Vardanyan

Suzanna Shamakhyan

Founding Angel

Vahan Vardanyan is currently Founder and CEO of Kerpak, Member Partner in Da Vinci Capital and Memeber of the Board of Directors at Fast Bank. He has been a venture partner at Buran Venture Capital, a Central and Eastern European fund, and a co-founder of SpaceIn – a global co-working technology platform. Prior to that Vahan was a partner at McKinsey’s digital practice in Russia and CIS. From 2004 to 2013 Vahan served as managing director, chief information officer, member of the Executive board at Moscow Exchange MICEX-RTS and managing director, global chief information officer at Renaissance Capital. Vahan is an entrepreneur and digital strategist with over 20 years of experience in managing large-scale information technology, organizational development, and business transformation programs in financial services, telecommunications, and the public sector in CIS, Europe, Middle East, and the US. Vahan holds an MBA degree from Bentley University, Massachusetts; he is a graduate (with honors) of Armenian State Engineering University’s School of computer science. He is also a graduate of the Advanced Management Program (AMP) of Harvard Business School.

Asadour "Ace" Tarakchian

Ace Tarakchian

STAN Angel

Ace has experience mentoring over 2800+ businesses with business planning, business development, financial projections, government contracting, and capital fundraising.He's helped companies raise and secure over $327M USD in capital, created economic impact by assisting in the development of 270+ new jobs, and assisted in net profit margin increase of $122M across hundreds of businesses through sales/marketing strategies.As an entrepreneur, Ace Tarakchian has founded multiple businesses in different industries including Education, Healthcare, Bioengineering, and Nonprofits.With a bachelor’s degree in Biology from UC Irvine, where he also obtained his Master’s in Business Administration (MBA), he is as versatile as the work he does and the positions he has held.A nerd at heart, Ace spent several years working in emergency healthcare services. He has a couple of research publications through UC Irvine, Cedars-Sinai and City of Hope and patents on devices. He then transitioned over to helping businesses succeed,
where he found his true calling.
Ace now runs his business consulting firm out of Los Angeles and Irvine, California, and has built a history of working with and advising 1000’s of businesses and organizations from startups to enterprises internationally and throughout the United States assisting with raising capital, pitch decks, financial analysis, projections, business planning, operations management, financing, contract procurement, and business development.

Armen Martirosyan

Armen Martirosyan

STAN Angel

Co-Founder and CEO of BluIP, a Las Vegas based global, Unified Hosted Communication Service provider, with Offices in Las Vegas, NV, Los Angeles, CA, Denver CO, Manila Philippines, and Yerevan Armenia. He has over 25 years of experience in Strategy, Growth Hacking, making IT profit center for large multination global organizations. BluIP customers include RLH, Netflix, Marriott, Hilton, AT&T and other major national brands.
Prior to BluIP, Armen built and sold large India based software development companies, and had various executive roles from CTO, to President at both private and public companies. Other experience includes several years collaborating with Deloitte Consulting Group working with companies such as Microsoft, Callaway Golf, and Nestle. Armen is an active Angel investor and advisor to a number of US and Armenia based startups.

Armen Panossian

Armen Panossian

STAN Angel

Armen is the Co-CEO and Portfolio Manager of Oaktree Capital Management, L.P.
Armen holds a B.A. degree in economics with honors and distinction from Stanford University, where he was elected to Phi Beta Kappa; an M.S. degree in health services research from Stanford Medical School; a J.D. degree from Harvard Law School; and an M.B.A. from Harvard Business School.
Armen serves on the Advisory Board of the Stanford Institute for Economic Policy Research. He is a member of the State Bar of California.

Art Ghazaryan

Art Ghazaryan

STAN Angel

Art Ghazaryan is an MIT Sloan Fellow, serial entrepreneur, founder & CEO of a Boston-based boutique venture studio Ympakt. Art has remarkable entrepreneurial experience, having founded and managed four successful startups with a strong presence in Armenia in various fields, including image processing, music education, biotech, aerial analytics, social ventures, and photography.In addition to his venture-building experience, Art has contributed to international development programs as a World Bank and UNDP manager. His multi-national and multi-disciplinary expertise has led him to spearhead projects in government, academia, and private foundation sectors in Armenia, Rwanda, and Indonesia.He has also pioneered engagement and nudge platforms to influence consumer and citizen decision-making, particularly in development settings. Furthermore, he has developed platforms that foster artistic expression, originality, and greater semiotic engagement, vital aspects of human flourishing and active global citizenship.

Artur Galstian

Artur Galstian

STAN Angel

Artur Galstian is a visionary, serial entrepreneur, and startup investor. He was born in Yerevan and moved to Los Angeles when he was 14. After High school, he attended college for a year and then dropped out to follow his strong interest in entrepreneurship. His first business was an attorney service business, followed by seasonal stores at the malls. He also ventured to Pawn and Entertainment Industries. He has invested in real estate in California, Nevada, and Armenia for the last ten years. In recent years, he has also been involved in the short-term financing of real estate properties. Galstian finds fulfillment in charity work, and he is currently supporting Hye Association's Hye Manuk project.

Asbed Kassis

Astghik Khachatryan

STAN Angel

Asbed Kassis is a seasoned product executive and the CEO of Alena Solutions, an award-winning tech product and engineering agency. With a proven ability to scale businesses and generate substantial revenue growth, Asbed excels in building and leading high-performing teams, expanding into new markets, and guiding companies from startup ventures to Fortune 500 achievements. He is widely recognized for mentoring both early-stage startups and established enterprises, investing in innovative companies, and providing strategic insights across various business sectors.His career includes roles at major global brands like Red Bull and Warner Bros, as well as cutting-edge startups, allowing him to blend corporate discipline with entrepreneurial agility. Asbed’s leadership vision centers on driving innovation and delivering on revenue targets.An active angel investor for over a decade, Asbed is excited to officially join STAN, where he looks forward to contributing his expertise and passion for innovation.Asbed holds a BS in Computer Science from California State University, Northridge, and an MBA from the University of Southern California’s Marshall School of Business.

Astghik Khachatryan

Astghik Khachatryan

STAN Angel

Astghik Khachatryan is currently a Managing Director within the Global Corporate & Investment Banking division at Bank of America, in France. Astghik is responsible for originating and executing Leveraged Finance transactions for French corporates and Private Equity owned issuers (High Yield Bond and Leveraged Loan financings syndicated with institutional investors). Astghik has a Master’s degree in finance from ESCP Europe (Paris, France), as well as a Bachelors equiv. degree in international trade from the French University in Armenia. Astghik is fluent in Armenian, Russian, English, and French.

Gayane Aghajanyan

Gayane Aghajanyan

STAN Angel

Gayane Aghajanyan is an attorney at Michael Sullivan & Associates LLP, she specializes in representing self-insured employers, third-party administrators, and corporations in the intricate realm of workers’ compensation. Additionally, Gayane serves as a board member at The Center for Truth and Justice, a non-profit dedicated to making a meaningful impact

Gugo Martikyan

Gugo Martikyan

STAN Angel

Gugo (Gurgen) Martikyan is a mission-oriented entrepreneur and a dedicated technologist deeply committed to creating, supporting and promoting science and technology solutions aimed at benefiting our communities. His two decades of experience in business and technology leadership span a multitude of industries, including aerospace, energy, supply chain management, bioscience, software, and finance. He has been an instrumental technology leader in a spectrum of companies, ranging from startups to established Fortune 500s.
In the early 2000s, as part of the initial team at Integrien, Gugo architected and delivered an enterprise-level software solution, paving the way for Integrien acquisition by VMWare, which remains one of the most recognizable US-based technology industry employers in Armenia. Most recently, as vice president of Technology at Entertainment Partners, Gugo spearheaded modernization and digital transformation efforts for the company. His contributions in the technology arena facilitated Entertainment Partners' recent acquisition by TPG Capital in a multibillion-dollar transaction. He has also led several technical due diligence efforts in other M&As.
Currently, Gugo is the co-founder and executive partner at NetGenix, Los Angeles based company with a mission to guide and support startups with the US and global market entry.
Gugo holds a bachelor’s degree in computer science and engineering from the University of California, Los Angeles, as well as numerous certifications and awards. He loves working with brilliant people and thrives in fast-paced and challenging environments; his hobbies include various outdoor activities as well as traveling with his wife and two children.

Harut Muradyan

Harut Muradyan*

STAN Angel

Harut Muradyan is a software entrepreneur with over 20 years of experience and a remarkable track record in international companies and distributed teams. As the co-founder and CEO of Simply Technologies, he leads a software and innovation development company that provides cutting-edge solutions to clients ranging from fast-growing startups to global corporations, including top Swiss banks.With more than a decade of investment experience, he focuses on fast-growing software companies. As an angel investor in two startups, he is deeply passionate about identifying and supporting innovative ideas in scaling to new heights.

Hayk Harutyunyan

Hayk Harutyunyan

STAN Angel

Hayk holds the position of Chairman at the Energy Agency of Armenia. He is also a co-founder of a renewable energy group and an agricultural holding. Hayk serves as an advisor on sustainability and renewable energy for large corporations and financial institutions abroad.
His extensive background includes serving as the Deputy Minister of Energy and Natural Resources of Armenia and holding key positions as chairman or board member in various state-owned organizations. Additionally, Hayk has led projects such as the development of a new nuclear power unit in Armenia. He founded the Armenian British Business Chamber and served as its chairman for 3 year.
Hayk’s educational background includes Executive MBA Degree from Skolkovo School of Management (Russia), a Master's Degree in International Relations from Cambridge University (UK), a Bachelor's Degree in Politics and International Relations from Lancaster University (UK), and an IB Diploma from the Regent’s School (Thailand).

Hayk Mamajanyan

Hayk Mamajanyan

STAN Angel

Hayk is a creative and business-focused Corporate & Venture Capital attorney, startup advisor, and investor with experience working on a wide variety of financial and transactional matters, emphasizing corporate, VC, cross-border investments, M&A, project finance, and startup financing.He is an effective partner advising clients in ~$900mln financing deals. Hayk is also an avid angel investor and technology enthusiast.
Hayk is the principal at HVM Law Corporation, PC. Hayk focuses on strategic and transactional matters, acting both as a legal advisor and a strategic partner for his clients. Hayk represents funds, entrepreneurs, high-net-worth individuals, and investors principally in technology and other related industries.
Prior to HVM Law, Hayk gained valuable experience in local and cross-border deals and successfully represented startups, funds, investors, and large financial institutions in corporate and financing transactions.Hayk earned graduate law degrees from UCLA School of Law, the University of Oxford (UK), and the American University of Armenia. He also served as an adjunct professor at the American University of Armenia, teaching corporate and finance law.

Hovhannes Mardirossian

Hovhannes Mardirossian

STAN Angel

Hovhannes (John) Mardirossian is a President Emeritus, Life Time Member, and Chairman of Technology and Education at Armenian Engineers and Scientists of America (AESA), North Eastern Section. He is specialized in the fields, such as fiber optics, structural acoustics, sonar technology, and wireless technology. Mr. Mardirossian's professional experience includes fundamental acoustics research on noise cancelation technologies, design, development and application of active vibration and sensor technologies at Lucent Technologies’, Bell Laboratories, and 5 years experience in product and system engineering for Undersea High- Rail Fiber Optics communication systems, at Tyco International Submarine Systems, Also Hi Tech Wireless business proprietor and contractor, for cellular in-building Wireless Network Systems Technologies. He has granted five US patents. Mr. Mardirossian has degrees in BS AUB / Haigazian College, in Physics, Minor in Armenia History, in Lebanon BS Nuclear Physics, City University New York, CCNY, as well as Master Degree at Stevens Tech / Bell labs Study Program.

Hermann Koch

Hovhannes Mardirossian

STAN Angel

Hermann is the Co-Founder and Managing Partner of EquityPitcher Ventures, a venture capital company based in Zürich, Switzerland, and Vaduz, Principality of Liechtenstein.At the age of 22, after graduating from high school with a degree in business administration and training in wholesale and foreign trade, Hermann founded his first e-commerce company. He has been active in the start-up scene since 2006 and has served as the head of venture capital units at a Swiss family office and investment company before founding EquityPitcher Ventures in 2016.In 2020/2021, Hermann deepened his theoretical knowledge by becoming a "Certified Private Equity Analyst" at the TUM School of Management in Munich. Since 2020, he has been a guest lecturer in the Master's programme "Entrepreneurial Finance" at the University of St. Gallen (HSG) and serves as a jury member for two leading Swiss startup funding foundations, Venture Kick and >>venture>>.

Hratch Mangassarian

Hratch Mangassarian

STAN Angel

Hratch is a Director of Engineering at Google. He's been with Google since 2012, and his responsibilities include oversight of YouTube ads on TV screens, music content, and live content, as well as ad performance forecasting and media planning across all Google ad media (Search, YouTube, Apps, Display, etc).Hratch has received a B.E. degree in Computer & Communications Engineering with high distinction from the American University of Beirut (AUB) in Lebanon, and later M.S. and PhD degrees in Computer Engineering from the University of Toronto, specializing in Formal Verification Methods of computer chips and software.

Hratch Sofian

Hratch Sofian

STAN Angel

Hratch Sofoian is a professional management consultant with a passion for all things digital, data and B2B. With experience at two of the world's leading consulting firms, Deloitte & Capgemini, where he gained extensive experience working in various roles and responsibilities. Hratch has expertise in business development, large scale business transformations, serving as a trusted advisor that helps clients bridge the gap between technology and their business, and manage the project team deliverables across a variety of industries. He is the founder of HerTrove, a prime destination to shop luxury designer dresses, couture, ready to wear dresses. Hratch also advises Small & mid-size firms with change management, product development and business development aspects.

Karén Tonoyan

Karén Tonoyan

STAN Angel

Karén is a technology, intellectual property, and business attorney and consultant with a passion for technology and innovation.Originally from Ukraine and currently operating from the areas of New York, New Jersey, and Armenia, he holds Bachelor of Science degrees in Physics and in Philosophy, as well as a Juris Doctorate degree in Law.Prior to opening his own practice in 2023, over the past 11 years he has worked at multiple law firms, ranging from small specialized boutique firms to some of the largest firms in the US. Prior to his time at the law firms, Karén worked in the IT field as well as at the United States Patent and Trademark Office, where he specialized in computerized, electronic, and electro-mechanical devices.Karén zealously helps clients protect their intellectual property and overcome their business hurdles. His practice is focused on helping startups and small and medium-sized enterprises (SMEs) establish and develop their product and service lines through comprehensive analysis and future-oriented international strategic planning at the intersection of technology, law, and finance. Successfully creating, bringing to market, and scaling innovative products and services requires an interdisciplinary approach that Karén provides for the benefit and advancement of his clients.Although Karén drafts and prosecutes patent applications across a wide range of technologies and fields, he focuses on electrical, electro-mechanical, and computer-related technologies, including Wi-Fi, 5G, telecommunications, IoT, smart devices, artificial intelligence, machine learning, neural networks, cloud computing, signals processing, visual and voice recognition, wireless communications, semiconductor manufacturing/processing, cybersecurity, video games, and networking. He also protects the interests of content creators, artists, entertainers, and startup entrepreneurs by utilizing the advantages provided by trademark, copyright, and other intellectual property tools and international agreements. He counsels clients on business strategies, trademarks, patentability, infringement, investment and financing agreements, licensing, service and distribution agreements, privacy and compliance policies, and liability issues and helps clients develop successful intellectual property portfolio strategies.Karén is fluent in Eastern and Western Armenian as well as Russian and is also conversant in Spanish, Ukrainian, and Turkish. He currently leads Tono Law Group, LLC, bringing over a decade of legal, business, and technical experience for the benefit of his clients.

Kevin Bartanian

Kevin Bartanian

STAN Angel

Kevin (Kevork) Bartanian is the Founder and CEO of KEVANI, an out-of-home (OOH) media organization specializing in urban-scale, iconic media assets. Kevin has played a pivotal role in jump-starting the digital outdoor advertising industry in Los Angeles, and his work can be seen in some of LA’s most vibrant central business districts.
As the founder, Kevin’s ultimate goal is to supply clients with one-of-kind media assets that are not only promotional mediums but also function as a civic gesture. In this way, he strives to provide value to both the advertiser and the community at large. He oversees sales, marketing, and strategy for all advertising programs, and enjoys the challenge of finding innovative ways to connect brands to their audience.
Prior to KEVANI, Kevin played a critical role as Executive Vice President of Sales at StandardVision, driving the company to become one of the leading media development companies in North America. Kevin also applied his sales prowess at JCDecaux—the world’s largest outdoor advertising company.

Levon Budagyan

Levon Budagyan

STAN Angel

Levon Budagyan is the founder and CEO of Waveye, a radar imaging and AI company. Waveye is focused on developing a new generation of radars for autonomous driving, industrial, and consumer applications.
Prior to that, he founded and led Aarki, an AI-enabled mobile marketing company. Aarki grew to be a major partner for mobile app developers across the globe, with a footprint in more than 15 countries. It was acquired by Skillz in 2021.
Levon grew up in Yerevan. He got a Masters of Science in Mathematics and Computer Science from Moscow State University. He then moved to the US, where he has worked on a number of machine learning applications in bio- and cheminformatics and fintech. His current interests include biotechnology, fintech, autonomy, sensor fusion, and various applications of ML.

Narine Kotikyan

Narine Kotikyan

STAN Angel

Narine is the Managing Director of Spacetab, a Swedish-Armenian software development company. Beyond her role at Spacetab, Narine actively aids early-stage ventures in the tech space to access global markets and international networks.
Her leadership extends to founding and leading the local chapters of the Founder Institute and Startup Grind Global in Armenia. Narine is also a distinguished member of the Global Digital Economy Commission in the International Chamber of Commerce.
With over 17 years of experience, Narine has held management positions in marketing and growth for global tech, FMCG, and advertising companies, including TeamViewer (Monitis), McCann WorldGroup, among others.
STAN values woman empowerment in Armenia; we've signed the EBAN Gender Manifesto, aiming to progress a gender-balanced entrepreneurial ecosystem and expand women angels in our community.

Paul Garibian

Paul Garibian

STAN Angel

Paul is a fintech founder and seasoned executive with a proven track record in building and scaling fintech businesses. Over the past five years, he successfully launched and grew Nota, a fintech startup within one of the largest banks, driving it from zero to eight figures in revenue. At Finastra, a leading enterprise fintech, he led the payments business, managing global product teams and overseeing nine figures in recurring revenue.Starting his career as a software engineer, Paul quickly advanced to technical product and program management and, following his Wharton MBA, took on leadership roles in the tech industry in Silicon Valley. Paul’s experience spans the dynamic ecosystems of NYC and Silicon Valley, where he has built and led successful fintech products from inception to significant revenue milestones.As a leader of leaders, Paul specializes in shareholder value creation by developing and executing robust product roadmaps, forging strategic partnerships, and nurturing talent. His unique ability to build and operate fintech products with a focus on innovation and value creation makes partnering with me and my team a strategic and sound decision.Born and raised in Armenia, Paul grew up in Israel and has resided in the USA since 1998. He is an active member of YPO, the largest worldwide leadership community of chief executives, and currently serves as a board member and the chair of the fintech network.

Sargis Badalyan

Sargis Badalyan

STAN Angel

Sargis Badalyan is the founder of the Moscow based company ‘SIMS-2’, which is one of the leading suppliers of medical equipment (breathalyzers and equipment for the disabled people) in Russia. In 2016, he founded Arides company in Armenia, which manufactures the above equipment in Yerevan, and the Barry company, which sells this equipment in Armenia. He is a member of the Board of Trustees of the Ayb School. Sargis Badalyan graduated from the Yerevan Polytechnic Institute in 1987 and until 1990 worked as a design engineer at the Armaviakompleks enterprise.

Sascha Gharibyan

Sascha Gharibyan

STAN Angel

Sascha B. Garibyan is the director at BAAM VC who previously held a number of C-level positions as a marketing specialist in Germany. He was responsible for up to 20 million euros annually for companies such as ZWILLING, Google, Sony, Ideal Standard, Ratiopharm, Bayer, Solarlux, Busch-Jaeger. With BAAM VC located in Yerevan, he is focusing now as an investor on developing sustainable innovations with all his expertise and in-depth knowledge of European, and German markets in particular.

Sassoon Kosian

Sassoon Kosian

STAN Angel

Sassoon Kosian is an accomplished executive with more than 20 years of experience in Machine Learning, AI and Data Science. Sassoon has applied his expertise across financial services, insurance, healthcare, and telecom industries in the US. His broad areas of expertise include evangelizing, designing and building Machine Learning/AI products and solutions that bring significant value to businesses. He is known as a creative leader and advisor to his partners and clients. Sassoon also has experience collaborating with and influencing business leaders to make data-driven decisions.
Sassoon holds a leadership position as the corporate vice president, Data Science for New York Life Insurance Company where he is leading a team of data scientists to develop and execute advanced analytics and AI solutions. He has also served as a senior director of Data Science for AIG and led a data science team to create machine learning solutions for the commercial distribution business. Prior to his role at AIG, Sassoon served as the head of Methodology (Data Science) for EXL Service where he advised and built products and solutions for numerous corporate clients across multiple industries.
Sassoon grew up in Armenia and moved to the US in 1998. He obtained his master’s degree in economics from the University of Essex and Central European University, a master’s degree in political science from the American University of Armenia, as well as a master’s degree in physics from Yerevan State University.
In addition to his corporate roles, Sassoon also has a second career as an artist where he applies creativity without bounds. His sculptures and paintings have been shown in numerous exhibitions across the US and are held in many private collections.

Sergey Yengoyan

Sergey Yengoyan

STAN Angel

Sergey Yengoyan has been a Senior Software Engineer at Netflix since 2019, focusing on payments.
Prior to that, Sergey worked at a Silicon Valley startup called Aarki, which exited successfully in 2021.
At Aarki, Sergey was the first hire in Yerevan and helped build an engineering team there prior to moving to United States, where he worked on ramping up the ad studio, as well as the real time bidding infrastructure and the machine learning engine for online ad auctions.
Sergey is passionate about investing in Armenia, especially in the tech sector, and his most recent angel investment is in the wearable startup Embry Tech.
Sergey grew up in Armenia and moved to the US in 2013. He obtained his master’s degree in Applied Mathematics from Yerevan State University summa cum laude.

Shahe Bagerdjian

Shahe Bagerdjian

STAN Angel

Shahe Bagerdjian is an action-oriented healthcare executive with a well-established track record of organic and inorganic revenue growth, enterprise scaling, and cash flow optimization. He currently serves as President, CEO, and Board Member of International Isotopes Inc. (OTC:$INIS), a publicly traded manufacturer and distributor of radiopharmaceuticals, radioactive calibration sources, and medical device products specializing in applications for nuclear medicine, molecular imaging, and cancer therapy.Previously, he served as the Senior Vice President of Operations & Business Development at Global Medical Solutions (GMS) for more than ten years. During his tenure at GMS, he oversaw a team of over 400 employees across 11 countries, leading the company to become one of the largest vertically integrated radiopharmacy & radiopharmaceutical providers in the world, doubling in revenue and quintupling cash flow.Shahe got his start building computers for a radiopharmacy chain, then digitizing records for doctors at 16, and founded his first tech company at 18 years old. As a co-founder of multiple startups, Shahe has showcased his entrepreneurial expertise and innovative mindset across various sectors. His diverse background and extensive network uniquely position him to drive growth and encourage collaboration within the startup ecosystem.Shahe holds a B.S. in Business Law and a B.S. in Finance from California State University, Northridge, and he highly recommends you read High Output Management by Andy Grove, The Hard Thing About Hard Things by Ben Horowitz, and The Culture Series by Iain M. Banks.

Stephan Reckie

Stephan Reckie

STAN Angel

Stephan Reckie is the co-founder and CEO of Angelus Funding, a trust-based global angel network investing in innovative and meaningful opportunities. He is the executive director of Global Entrepreneurship Network (GEN) Space, a global ecosystem for Astropreneurs, and serves on the executive committee of European Business Angels Network (EBAN) Space. Stephan is a co-Founder and CEO of Edge of Space, a company enabling STEM access to space for students globally. Stephan serves on the board of directors of numerous impactful companies, including University Corporation for Atmospheric Research (UCAR) and has personally made 39 investments since 2012. He is also an adjunct professor at the Daniels College of Business at the University of Denver, teaching entrepreneurial presentation and sales methods. Prior to Angelus Funding, Stephan served in several international executive roles including COO of DigiLink Software, a China-based embedded video solutions developer, and the director of North American Sales at India-based Ittiam Systems. While as the founding director of EMEA Operations for Telogy Networks, his company was acquired by Texas Instruments. Stephan holds bachelor’s and master’s degrees in Electrical Engineering from Tufts University in Boston, Massachusetts. He is a second-generation Armenian Russian and a true native New Yorker, fluent in 5 languages. He enjoys traveling the world and has flown over 7.5 million miles, the equivalent of 15 moon missions. Stephan is a “professional" volunteer for numerous impactful organizations and an active community leader. He resides in Golden, Colorado with his family.

Seline Karakaya

Stephan Reckie

STAN Angel

Seline Karakaya is Founder and Managing Director of Excelerate Global, a venture capital and private equity advisory group. In this capacity, Seline has worked with closely with companies ranging from start-ups (<$1M revenue) to multi-national (>$1B revenue) to support their growth and fundraising needs. She works closely with founders, CEOs, and Boards of Directors—often as an interim CXO—on the most pressing issues, from hiring to pricing, strategy to fundraising, organization to business development.
Prior to founding Excelerate Global, Seline was a Director at American Securities, a New York-based private equity firm with one of the most successful track records in the industry. During her tenure, Seline co-led the development of the Firm’s “Shared Vision” process for value creation and alignment, advised portfolio company CEOs across a variety of industries and business topics, ranging from strategy and growth to talent and change management, and led the execution of a number of high priority initiatives. She also developed and oversaw the Firm’s commercial due diligence efforts.
Prior to American Securities, Seline was a management consultant at Bain & Company, where she spent over 6 years advising Private Equity, Retail, Consumer Products, Tech/Media executives on M&A, corporate strategy, change management, and growth initiatives ranging from product development to new market entry. Seline was among the original members of Bain Los Angeles’s Private Equity Group.
Seline was Chief of Staff at FEI Women’s Health, overseeing all strategic initiatives across the commercial aspects of the business leading up to its strategic sale to Barr Pharmaceuticals. She has also held positions at Amgen, Cerberus Capital Management, and American Express in a variety of capacities.
Seline graduated with the highest honors from the University of Southern California Marshall School of Business Honors Program with a degree in Business Administration, Strategy & Finance. She is also an active advocate of children’s causes in developing countries and animal welfare around the globe.

Vahag Karayan

Vahag Karayan

STAN Angel

Vahag Karayan is a seasoned Technology & Business Executive, Angel Investor and Entrepreneur.
He has gone from NASA Engineer to leading large organizations in entertainment, medical device and defense (DARPA). His breadth of knowledge, cross-industry and disciplinary expertise are unparalleled.
Currently, he is the co-founder and the CEO of BrandLens Inc. (brandlens.io), a new generation short form SaaS video startup.
As a lifelong learner, Vahag has a passion for the human brain & behavior, economics and technology.
He holds an MBA from UCLA Anderson, a master's degree in Computer Science and a bachelor's degree in Electrical Engineering.

Vahram Sukyas

Vahram Sukyas

STAN Angel

Vahram is the Chief Technology Officer at VIQ Solutions and a 20+ year veteran of the technology industry with a diverse background in engineering and scaling B2B/B2C/B2E digital products and platforms, cloud technologies and cloud native architectures, AI, cybersecurity, infrastructure, and technology operations. Prior to joining VIQ, Vahram was the SVP of Application & Network Technologies at Warner Bros., where he had responsibility for a portfolio of B2C/B2B applications, global network and infrastructure, cloud engineering and architecture, and employee productivity tools. Prior to that, Vahram was a technology executive at Technicolor’s M- GO division, where he played an instrumental role in launching and scaling the M-GO platform to millions of devices across multiple platforms.

Yervand Sarkisyan

Yervand Sarkisyan

STAN Angel

Yervand is a seasoned investor in early stage tech ventures in UK, US and Armenia. He has particular interests in AI, ML and deep tech. Yervand is based in London, UK. He is a founding partner of Granatus Ventures, the first venture capital firm investing in Armenian ecosystem. Some of the companies that he advised, invested and served on boards of are: Codesignal (tech assessment), Superannotate (AI labelling), gg (on-demand transportation), Saatchi Art (leading global art marketplace), Sololearn (code learning), Activeloop (AI database), Modelfront (machine translation) Benivo (relocation), and Embodied (Moxie robot). Yervand is also an active strategic advisor helping startups grow.

Zarik Boghossian

Zarik Boghossian*

STAN Angel

Dr. Zarik Boghossian is a passionate serial innovator, entrepreneur, educator, and angel investor, who has been leading multinational teams for 35 years in creating advanced technologies and solutions spanning various domains, including Digital Media & Signage, On-Demand Services, Social networking, legal, Solar energy, e-commerce solutions, Augmented Reality, Web-3 & AI, and Aerospace systems. Notably, he played a pivotal role in developing mission-critical Electric Power System Flight Software for NASA's International Space Station.
Over the past 18 years, Zarik has been a key figure in Armenia's IT industry and as the Co-Founder and CTO of Wovenmedia, with its subsidiary Wovenmedia Armenia. Zarik leads the development efforts of its 4-th generation patented Digital Media Solution currently being used by Sams Club, a Walmart company.
Additionally, as a Professor at Pepperdine University for 15 years, Zarik imparts his expertise to business students by teaching Entrepreneurship, International Management, and Social Entrepreneurship courses. As a public speaker, Zarik promotes the importance of leadership, kindness, and imagination in life through his trademarked concepts "Leadership as a Service™" and "Imagine Always™."

Expert council

A Global Network of Experts

The STAN Expert Council is a powerhouse of professionals who are here to fuel the success of STAN’s portfolio startups. By providing tailored guidance, strategic advice, and access to global networks, the council members offer guidance to both the startups and STAN Angels. This community brings together seasoned experts with deep knowledge in a broad range of industries, ensuring that every startup has the support it needs to navigate challenges and scale effectively.For the experts themselves, the Council offers a unique platform to collaborate with vetted, high-potential startups. It's an opportunity to contribute your expertise and give back to founders who are driving innovation globally. Join the STAN Expert Council to connect with the best early-stage startups from Armenia, the Armenian Diaspora, and the wider region.

Join STAN's Expert Council!


Florence Micol

Florence Micol

Andranik Ayvazyan

Andranik Ayvazyan

Ani Bilazarian

Ani Bilazarian

Dmitry Butalov

Dmitry Butalov

Nuné Zadoyan

Nuné Zadoyan

Florence Micol

Florence Micol

STAN Expert Council Member

Florence Micol is a Senior Technology Delivery Executive Lead at Accenture based in Zurich, Switzerland.In her 18+ years in the Consulting industry, Florence has been leading large and complex transformation programs. She is leading the EMEA technology portfolio for Accenture Service offering while being part of the Austria-Switzerland-Germany Salesforce Business Group Leadership team and driving the technology portfolio cross enterprise for one of Accenture’s largest consumer good & services client.Being actively involved in the community, she is the executive sponsor for Inclusion & Diversity initiatives and supports various engagements linked to Education and Innovation.Focus areas as a member of Expert Council:

  • Understand how to embrace technology to support and grow the business.

  • Experience cross industries bringing consulting and technology services ranging from defining a market strategy to deploying technology solutions and measuring their impact through business case definition and monitoring.

  • Large exposure and experience in the European market while getting involved in other regions like Asia Pacific.

  • Experience in coaching students and startups in defining market strategy and product positioning.

Andranik Ayvazyan

Andranik Ayvazyan

STAN Expert Council Member

Andranik Ayvazyan is the Director of Keune Beauty Solutions, a leading company in the beauty industry based in the Netherlands. He also serves as a board advisor to Bleach London, a beauty and tech company with a strong presence in both the U.S. and UK markets.An entrepreneur at heart, Andranik has successfully led various companies across the globe, including in the Netherlands, Switzerland, and Romania. His extensive experience spans general management of international businesses, along with a deep expertise in Private Equity, M&A, and capital raising.

Core Focus Areas:

  • Global business expansion

  • Financial strategy

  • Entrepreneurship

  • Corporate governance

  • Private Equity, M&A deals, and capital raising

Ani Bilazarian

Andranik Ayvazyan

STAN Expert Council Member

Ani is an RN, PhD currently working as a healthcare consultant with McKinsey & Co where she focuses on supporting health systems with clinical operations, consumer engagement, and nursing workforce. She completed her BSN from Georgetown University with over 5 years of clinical experience as an emergency department nurse working in the top-ranked hospital in New York City throughout the COVID pandemic.She received her PhD from Columbia University studying public health and has a record of evidence generation and features in peer-reviewed publications and media including Vox News, the Boston Globe, the New England Journal of Medicine Catalyst, and the Journal of General Internal Medicine.

Core Focus Areas:

  • Support founders to understand market dynamics and the health care landscape.

  • Share consumer and clinician insights and how to tailor solutions accordingly.

  • Define a differentiated value proposition and strategic approach

  • General coaching on communication, synthesis, product strategy, etc.

Dmitry Butalov

Dmitry Butalov

STAN Expert Council Member

Dmitry Butalov is the Head of EdTech at DataArt, a global custom software development company with a Head Office in New York, USA.Since 2021, Dmitry has been leading the growth and development of DataArt’s EdTech practice. With over 24 years of experience in the EdTech industry, Dmitry has provided consulting and developed educational projects for Top tier global enterprises, including Stripe and Microsoft.A pioneer in AI-driven education, Dmitry launched his first AI-based EdTech project in 2008 with the AI English Tutor. In 2019, his startup, AI Sales Trainer Robot Albert, became a top 7 finalist for 500 Global. More recently, Dmitry and his team collaborated with a major cloud provider to develop and launch an AI assistant for a European learning management system.Among his notable achievements, the TestYourself game was ranked as the third best-selling indie game on the Sony PlayStation Network in 2013, and his MyEmotions app received a nomination from Apple.

Core Focus Areas:

  • Consulting across industries to design and implement educational technology strategies, from market entry to deployment, with measurable impact.

  • Driving innovation in education technology through AI-based solutions to support business growth and enhance learning experiences.

  • Extensive experience working in global markets, bringing innovative solutions to diverse educational needs.

  • Providing mentorship to startups, helping them define market strategies and position their products for success.

Nuné Zadoyan

Nuné Zadoyan

STAN Expert Council Member

Nuné Zadoyan is a Strategic Consultant at Seed Consult helping early-stage founders to bring their ideas to realization and enter the market. Her previous experience includes Berkeley SkyDeck, as well as the global assurance firm Grant Thornton. With a proven track record in the global startup ecosystem, Nuné actively bridges the gap between early stage founders and investment opportunities. Beyond her formal roles, Nuné is deeply involved in community building within the tech and startup space.With over 15 years of experience, Nuné has held strategic positions in global consulting firms like Grant Thornton and has worked as a mentor with various accelerators and VCs including IRIS Business Incubator, INNOVIT – Italian Innovation and Culture Hub in San Francisco, Founders Institute, StEP Entrepreneurial Program of Haas Business School at UC Berkeley and more. Her expertise includes go-to-market, customer development, business and product development.As a Fulbright scholar with an MS in Entrepreneurship and Innovation from the University of San Francisco and an MBA from the American University of Armenia, Nuné brings a global perspective to her work, actively contributing to the growth and success of early-stage ventures in the international tech landscape.

Core Focus Areas:

  • Understanding the market landscape and opportunity.

  • Customer discovery and development.

  • Go to market strategy and product validation.

Ruben Osipyan

Ruben Osipyan

STAN CEO

Ruben is a startup ecosystem enthusiast with broad experience as a startup founder, head of an angel network, and an executive in large software development companies. He is active in social initiatives, running a telegram channel about the Armenian startup ecosystem (3N - https://t.me/threenstartups) and teaching at the American University of Armenia.Ruben has been the CEO of the Science & Technology Angels Network (STAN) since its establishment in July 2023. Before that, Ruben had been running STAN activities since September 2021, when it was one of the programs of FAST, as FAST’s entrepreneurial programs lead.Ruben was the co-founder & CEO of Himnark – one of Armenia’s first SaaS B2B platforms targeting Armenian small and medium enterprises. Himnark has been one of the first startups to receive angel investment from international angels (in 2018). Since then, it has collaborated with over 200 customers in Armenia and over 2000 employees in total.Previously, Ruben held various positions in Instigate Group – being the group CFO and CEO of 2 of the spin-off companies.Ruben graduated from the Armenian State University of Economics, Operations Research and Mathematical Modeling department.

STAN Blog

News & Updates Shared by STAN

Launch of STAN LA Chapter

STAN has launched its Los Angeles Chapter powered by Triple S Ventures.

From Everest to AI

Igor Khalatian’s Journey of Innovation and Leadership.

STAN Talks

Unveiling the Granatus Ventures x Alchemist Partnership.

STAN Talks

Mistakes to Avoid When Fundraising.

STAN Talks

How To Start Angel Investing.

Glimpse from Inside

Summary of the STAN's 15th Pitching Session.

STAN Talks

Legal Basics for Startups and Investing.

GembaPro

The 16th Jewel of STAN's Portfolio!

Ecosystem Meetup

Empowering Armenian Startup Ecosystem

Spotlight on Innovation

Summary of the STAN's 14th Pitching Session.

Introducing our Board of Trustees

New Angel Alert

Hayk Harutyunyan, welcome to STAN!

New Angel Alert

Zarik Boghossian, welcome to STAN!

New Angel Alert

Hovhannes (John) Mardirossian, welcome to STAN!

All You Need to Know About STAN Pitching Sessions

STAN Portfolio Startups in Q2 2023

Meet BrandLens

The Newest STAN Portfolio Startup.

New Angel Alert

Art Ghazaryan, welcome to STAN!

New Angel Alert

Gayane Aghajanyan, welcome to STAN!

Meet Saima

Revolutionary Video Speed Solution

STAN-GEW 2023

Supporting First-Time Founders with Scientific Background

New Angel Alert

Vahram Sukyas, welcome to STAN!

New Angel Alert

Hratch Sofoian, welcome to STAN!

STAN Portfolio Startups in Q1 2023

STAN signed Gender Manifesto

5 Startup Hopefuls from STAN's 12 Pitching Session

What Not to Do:
Advice From STAN Investors to Startups

Meet PopUp School

STAN Invests in PopUp School

GUST Instructions

All you need to know to apply to STAN!

From Local to Global

How 3 STAN Startups Grew From Local to Global

From Local to Global

How 3 STAN Startups Grew From Local to Global

We are gearing up for the next STAN pitching session planned for Friday, 24 February 2023, and we’re happy to share some of the highlights of the “From Local to Global: How to Grow Your Startup” event we hosted at FAST creative campus recently. Three Armenian startups and participants of the STAN investment program – Denovo Sciences, doodooc, and HopShop, shared their success stories of going from small beginnings in Armenia to the global stage and the journeys they took.

Denovo Sciences

A participant of the Entrepreneurship World Cup Finals and the Berkeley SkyDeck accelerator, today Denovo Sciences is an AI-based drug discovery platform, but the idea for it arose early during one of FAST’s initiatives. Mher Matevosyan, Co-Founder Denovo Sciences, saysthe team spent a whole year conducting research and experimenting with different ideas. After participating in a number of accelerators, they now focus on biological experiments.They applied to SkyDeck after having almost a three-year experience in the field. For him, the biggest challenge was the management of time zones and communication throughout their journey with many of their investors from the US and the team in Armenia.

Doodooc

Doodooc is a music visualization maker based on deep audio analysis, and a participant of the 9th STAN Pitching Session and funding recipient from STAN angels. Doodooc’s visualizations were featured in music videos by Serj Tankian and Tigran Hamasyan. Arthur Asatryan, the marketing manager of doodooc, spoke of becoming the official visualizer of the FIFA World Cup Fan Zones in Qatar with its visualizations being displayed on every screen.

HopShop

HopShop is an app that helps shoppers find and buy any fashion-related item from videos and images.HopShop came forward during InVent, a venture building program by FAST. The idea came from a personal experience when the team tried to find a clothing piece they saw in shops. Tigran Chakhalyan, co-founder and CEO of HopShop, recalled their journey of passing through multiple startup accelerators in Armenia and worldwide, becoming the national winner of the Entrepreneurship World Cup in Armenia, and participating in UC Berkeley SkyDeck. Currently,the application is integrated with more than 450 stores worldwide. With a growing number of competitors, they never forget to think ahead and make strategic plans to change and adapt.

About STAN - Science and Technology Angels Network

The Science and Technology Angels Network (STAN) unites a group of prominent Armenian professionals from all over the globe to invest in seed-stage Armenian startups engaged in science and technology innovation. With 11 portfolio companies to date, STAN has already had several success cases. Most of the startups have participated in a number of pitching sessions and succeed in implementing their visionwith the strategic advice, mentorship, and connections afforded by STAN.
If you want to become the next STAN success story, you can still apply for an opportunity to pitch to us at the next session on 24 February 2023.

Any Funding history that is available at the point of your application is important to be stated.For example, if you have any grant received so far, you can state it under the Friends and Family round. If any commitment is half transferred and half expected to be received in the upcoming months, please state the final amount initially agreed upon.

Apply to STAN! Application Submission Instructions

Note: This instructions is no longer actual as STAN has switched to another platform.Ahead of the upcoming pitching session on, we’ve prepared detailed instructions on completing your application on Gust.
For additional questions, please email us at [email protected] to complete the Gust application.

STEP 1

In order to access the STAN application page, please follow this link. You will be redirected to this page. Click the “Apply for funding” button to start the application.

STEP 2

Create an account in Gust to proceed with the application.

STEP 3

Fill in your name and surname. Select which of the following relationships your startup has: Co-Founders, Advisors, and/or Contractors. Click next and proceed to the startup name and incorporation type (if any).

STEP 4

Describe the stage of your startup’s development; if it is already generating revenue, provide the amount from the past 12 consecutive months (Trailing Twelve Months / TTM).

STEP 5

After signing up and accepting the terms of use, you will be redirected to the next steps of the application. Click the Next button after reading the instructions to proceed to the next stages of the application process.

STEP 6

In the Overview section, please follow the instructions under each question carefully and try to complete all fields (even optional ones).

STEP 7

In the Financials section, the essential parts are the current funding round which indicates in which stage you are now and the amount you seek.Fill in your name and surname. Select which of the following relationships your startup has: Co-Founders, Advisors, and/or Contractors. Click next and proceed to the startup name and incorporation type (if any).

  • Friends and Family investment in a company often follow the founder’s investment, from people who are investing primarily because of their relationship with the founder rather than their business knowledge.

  • The pre-seed funding round is a way of financing that takes a startup idea off the ground: becoming able to engage in the project full-time, hire crucial team members, build a proof of concept (POC), prototype, or minimum viable product (MVP), prepare a go-to-market strategy and get some initial traction needed for raising the (next) seed investment round.

  • Seed investment is commonly used for further product and team development, official market launch, acquiring customers, and testing product-market fit and a business model.

  • Series A funding: investors are looking for companies with great ideas as well as a strong strategy for turning those ideas into a successful, money-making business.

  • Series B funding rounds are well-established, and their valuations tend to reflect that; most Series B companies have valuations between around $30 million and $60 million.

  • You can find more information here.

STAN focuses on funding early-stage startups. Normally, we consider startups in the Friends and Family, Pre-Seed, and Seed stages.

STEP 8

Sharing financials with investors is always a good idea if you have proven traction and good unit economics proving your growth hypothesis. It will provide another reason for investors to fund your startup.

STEP 9

Any Funding history that is available at the point of your application is important to be stated.For example, if you have any grant received so far, you can state it under the Friends and Family round. If any commitment is half transferred and half expected to be received in the upcoming months, please state the final amount initially agreed upon.

STEP 10

Pitch Deck

The Pitch Deck is one of the essential parts of your Gust Profile. Investors usually pay the most attention to this part. Pitch Deck builds the investors' confidence in your business, thereby promising that your startup has the potential to excel and grow faster.

Important tips to make Pitch Deck

  • Present your unique value proposition. It would be ideal if you provided a numeric measure of your solution's pain points and benefits.

  • Make sure the pitch deck clearly explains your problem. It is essential to ensure the pitch deck clearly explains the solution, its underlying magic, and how it works.

  • Clearly indicate the innovation component of your solution. Remember that Science & Technology Angels Network (STAN) invests in science-intensive startups. Having AI as a core component of your competitiveness is essential. However, we recommend not adding "AI-focused" if this is irrelevant to your solution.

  • We want to see startups that have scaling potential. So clearly indicate your market. Explain your expansion strategy. If you are targeting a niche market, clearly explain the profile of your target customers.

  • Make sure you analyze the competition and outline your advantages. Formulate what your "unfair advantage" over others is. If necessary, elaborate more on "unfair advantage" in the "team" related slide (see its description below).

  • Provide a logical and straightforward assessment of the volume of your target market. Angels should see a growth opportunity in the selected market.

  • Explain the educational and professional background of your founders and core team members. Explain why these people are the ones who will bring the idea to success. Indicate if they are working full-time in the startup.

  • Clearly formulate your financial ask and valuation. Outline the key milestones that you will achieve with that funding. How long will this funding keep you alive? What will you do when the funding is over?

  • Make sure the pitch deck is in English.

  • Extensively test the pitch deck internally and with external key industry leaders. Make sure it will convey your key messages to the people who read the pitch deck the first time.

Recommendations for a great pitch

  • Connect with your audience - being specific, talking about failures and successes so that you will connect with your audience/investors on a human and emotional level

  • Lead with Traction – focus on telling the problem and the exact customers having that problem so that investors will fully understand that the problem exists and bothers specific target customers and only then present your solutions. Some start-ups might not yet have customers or revenue. However, they can talk about unit economics for customers -the cost of acquiring one user in the given cohort.

Although it is not mandatory, one of the most effective methods to share your narrative is with a pitch video, as it can demonstrate your concept in motion. Through music, movement, and interpersonal interaction, you may directly address your audience through video and motivate them. We recommend recording a 30 seconds introduction video for a wider recognition. Click on this link to record.

STEP 11

In the Additional Questions section, all questions are mandatory. If you have any references by which you applied to STAN, please state them.

STEP 12

Please state the track under which you are applying:

  • Traditional angel investments: offer pre-seed to seed-stage investments in startups engaged in science and technology innovation. We have emphasized our focus on AI as a platform technology or technology integrated into various verticals that benefit Armenia and the world. Examples of various startups STAN has invested in are music visualization startup doodooc, science-fiction series startup Mythrill, and health-tech startup DoctorYan.

  • Moonshot projects: investments here are in high-risk/high-gain projects which offer ultra-sophisticated, deep technology solutions to tackle worldwide challenges. The stage of the project can vary from idea to production ready.

  • Women entrepreneurship: track provides impact investments for women-led, very early stage (idea/concept stage) startups to strengthen female entrepreneurship in Armenia.

After completing all the required fields, you can apply and receive a confirmation email from Gust.

STAN Invests in PopUp School

We are excited to announce that the Science and Technology Angels Network (STAN) has joined forces with other notable entrepreneurs and investors, including Vahe Kuzoyan, Co-Founder of Service Titan, and Cal Henderson, Co-Founder of Slack, to invest in PopUp School. PopUp School is an innovative EdTech platform that provides personalized e-learning for grades 8-12 students. The platform focuses on matching teaching and learning styles to create impactful learning experiences.PopUp School is a subscription-free K-12 e-learning platform that allows teachers to share and monetize their knowledge through in-platform lesson building. Its unique matchmaking algorithm helps paid subscribers find lessons that align with their preferred learning style, be it visual, kinesthetic, reading/writing, or auditory. The platform offers unlimited online lessons to cater to diverse learning needs.Under the leadership of co-founder and CEO Suren Aloyan, PopUp School has secured over $540,000 in pre-seed funding. This funding will enable the platform to enhance online education and tap into the immense potential for disruptive and innovative approaches in the field. The STAN Angels group, led by Avetis Antaplyan and accompanied by Astghik Khachatryan, Hayk Mamajanyan, Levon Budaghyan, and Kevin Bartanian, is investing in this venture.Avetis Antaplyan has expressed confidence in Suren and his team, highlighting their extensive experience in the EdTech sector in Armenia and their previous success with DASARAN. The STAN Angels believe that the team's strong business and product development skills will be crucial in scaling PopUp School's product across the United States. With a talented team of early-stage advisors and investors, PopUp School is poised for success in the Armenian startup ecosystem.With the newly acquired funding, PopUp School aims to expand its platform and leverage its innovative matchmaking algorithm to help students discover the most suitable lessons for their learning needs and pace. The platform acknowledges the uniqueness of each student and their diverse learning requirements, with a special focus on teachers.PopUp School's achievements have already garnered recognition in the education sector. It has been honored as the Startup of the Year by the GESS Education Award and received a Globee Business Award for Startup of the Year in IT Software. The platform has also been featured in AP Business News as a leading provider of e-learning in subjects such as Algebra 1, Geometry, and English Language & Arts.Suren Aloyan explains that PopUp School has developed a patent-pending technology that diagnoses teachers' teaching styles and matches them with students based on their learning preferences. The platform's success lies not only in its accolades and nominations but also in its ability to disrupt the education system.Suren and his team possess over 13 years of experience in K-12 education, having interacted with more than 34,000 teachers to understand their challenges and facilitate impactful learning for millions of students. Their contributions have significantly increased computer literacy among teachers in Armenia from 5% in 2010 to 81% in 2016.Suren's journey began with revolutionizing the education system in Armenia through his DASARAN EdTech Company. He built the first electronic school management system, which became a widely used SaaS platform connecting teachers, students, and parents across the country's public school system. DASARAN, meaning "classroom" in Armenian, boasts over 1.2 million users, representing full penetration of the Armenian education market.Drawing from this remarkable success, PopUp School was born. It utilizes a cutting-edge matchmaking algorithm to revolutionize the educational landscape in the United States, customizing its platform to suit local educational priorities and specificities.

What Not to Do:
Advice From STAN Investors to Startups

Here are some key takeaways on what not to do when pitching your startup idea to investors, based on the insights shared by our guest speakers during a recent info meeting prior to the 12th STAN Pitching session.These successful founders, entrepreneurs, and investors provide valuable advice to help you attract the right investor for your startup.

  • Jesus Lozano (Chus Jan), EU Senior Expert on Digital Economy and Digital Transformation, ICT Ecosystem Builder, Business Angel & Advisor

  • Suren Aloyan, Co-Founder & CEO of PopUp School Ed Tech Company, Founding President & CEO of Dasaran Ed Tech Company

  • Vahag Karayan, STAN angel, Co-Founder & CEO of BrandLens Inc, Former NASA System Engineer, and entertainment industry executive

Mistakes to avoid in selecting an angel investor

Chus emphasizes the importance of understanding investors and knowing what they want to hear. This includes being well-prepared with financial projections and identifying potential obstacles. It's crucial to come up with traction and a clear marketing strategy. Additionally, Chus mentions the scarcity of investors in Armenia who truly understand the field.Suren advises that angel investors should be individuals who share your vision and mission, demonstrating their dedication and support. Research the startups the angel has previously invested in and inquire about their reasons for wanting to be involved with your venture.

How not to value your startup

Chus highlights that valuation varies among investors and depends on the stage of your startup. It's essential to choose the appropriate instrument or tool, such as a convertible note or partnership agreement, for each investor.Vahag Karayan shares his opinion that if the idea and founding team are strong, the valuation can be agreed upon.

Common pitfalls in building financial models for your startup

Chus recommends having someone with financial expertise on your team to manage investments if you lack knowledge in financial models. In any case, he advises against going more than 6 to 8 months without sales or proof of concept.Vahag emphasizes that Armenian startups often struggle to understand the global market and financial trends. He suggests having a team member with an international background to provide valuable insights.

Mistakes to avoid when choosing the founding team

Vahag suggests that founders in Armenia should consider team members from Europe or the US to enhance diversity and strengthen the team, and to assess the weaknesses and strengths of the founding team, and bring in a co-founder who can complement them effectively.Chus evaluates the soft skills (problem-solving, communication) as well as the hard skills and knowledge of the founding team. Factors like network, customer relationships, and experience are also considered, along with the attitude of team members.Suren chooses individuals who share his vision and are mission-oriented. He creates an environment where they feel like true startup enthusiasts working towards achieving results.

What not to do when pitching your startup

Chus emphasizes the importance of establishing connections on intellectual, emotional, and ethical levels. He also suggests asking yourself important questions during the pitch, such as whether your solution solves a problem, if you have expertise in finance, and if you are generating traction. Remember, business angels invest in growth opportunities.Vahag advises being confident, enthusiastic, and a good listener during your pitch. Reflect on feedback and address questions appropriately.Suren highlights the significance of understanding psychology when dealing with potential investors. Adapt your pitch by taking notes and continuously improving it. Focus on describing the problem and selling your vision. Sometimes, you may need to educate people about the demand for your product or service.

Final advice for startup founders

Chus encourages startups to fail fast and fail cheap, recognizing that time is limited in the startup world.Suren mentions the need to be comfortable with uncertainty and willing to take risks, even if they seem daunting, and to do what others aren’t willing to.Vahag emphasizes the importance of working through uncertainty to increase the chances of success before depleting all your funds.By taking note of these insights, you can avoid common pitfalls and improve your chances of pitching your startup successfully to investors.

The 5 Start-ups Chosen for STAN 12th Pitching Session

The Science & Technology Angels Network (STAN) hosted its 12th pitching session on February 24, 2023, where STAN angels got together to meet the startups aiming to transform their ideas into reality or scale their existing products with additional resources and guidance.This time, 25 eligible startups applied to participate in the STAN pitching session. The competition was tough, and it was challenging to select the few who would make their pitch to STAN angels. The final decisions were made based on the startups’ readiness level, the stage in their lifecycle, and correspondence to the target areas. STAN prioritizes startups engaged in science and technology innovation, with a special focus on AI as a platform technology or technology integrated into various verticals.After a careful selection, 5 startups were chosen for the main pitch. Here are the startups:

  • doodooc - a generative music visualization platform providing a high-quality solution for musicians and sound artists to create unique animated visualizations.

  • Triple A Audio - a specialized creator of music production software known as virtual instruments used to score films, TV series, and video games that offer remote recording services to composers globally.

  • Foldink - a biotech startup developing bio-inks for the technology of 3D bioprinting to help scientists grow living tissues in laboratories and save lives.

  • INTED - an AI-based personalized adaptive speed solution that improves comprehension and memorization of video and audio materials by automatically tailoring the speed to an individual’s listening pace.

  • BrandLens - a content generation and engagement platform for effortless and authentic user-generated content video creation with communities, customers, fans, or anyone.

“Watching a supportive community of prominent Armenian professionals invest and support innovative ideas is inspiring. We heard pitch presentations from 5 Armenian startups at the seed stage of their business. We look forward to seeing their ideas come to life!” said the founding angel of STAN and the founding CEO of the Foundation for Armenian Science & Technology (FAST), Armen Orujyan.Following the pitching session, the STAN team organized follow-up meetings between the startups and the angels interested in investing in their venture. This process will be followed by due diligence and eventual investments in the startups.In the last 12 months, STAN has invested over $160K in 5 startups. STAN helps promising Armenian startups to get access to risk capital and strategic guidance that propels them to the next step in their startup journey.

Manifesto for a gender-balanced ecosystem

STAN has established the following objectives in 2030, which originated from the EBAN manifesto on gender diversity:

  • 30% of company angels are women

  • 30% of female business owners

  • more female members on corporate boards

Learn the EBAN manifesto and get inspired...

EBAN encourages business entrepreneurs to take the following three actions to triple the number of women in our ecosystem:1) Triple the proportion of female angel investors.
In cooperation with business angels across Europe, we will strive to reach a 30% female membership rate by 2030. We will encourage, motivate, enlighten, and inform people about being more inclusive. We will also work together on other ecological projects.
2) Boost financial support for female businesses.
By investing at least 30% of their capital in female entrepreneurs by 2030, we urge individual angel investors and the entire investment community to support a more gender-balanced, resilient, and innovative portfolio.
3) Boost the proportion of women on corporate committees.
The percentage of women on the EBAN board of directors is above average, and the organization has a long history of female leaders. Our group will keep moving in this direction while reaffirming the dedication of our members to expanding inclusion. EBAN will also encourage our community to boost the representation of women on the boards of directors and strategic committees of their portfolio companies.

STAN Portfolio Startups in Q1 2023

STAN portfolio teams had an awesome first quarter of 2023.
Let's take a look at the impressive accomplishments of our portfolio startups and their ambitions for the future.

Denovo Sciences

The Denovo Sciences team published a scientific paper in a prestigious peer-reviewed journal and had their poster presentation accepted at the ICAR 2023 conference in Lyon. They expanded their team by hiring foreign researchers and successfully completed the SkyDeck acceleration program. Additionally, Denovo Sciences received investments from the SkyDeck fund and TripleS Venture Capital. They are now on the verge of establishing a collaboration with a leading biotech company. Notably, Denovo Sciences secured 2nd place in the Growth Stage Startups category at the Sevan Startup Summit 2023 in Vizag, India.

PopUp School

Within the last month, PopUp School attracted a total of 3.7K visits to their platform. They achieved a sign-up rate of approximately 25.27%, resulting in 935 new registered users. 3.85% (36 users) of those registered users converted into paid customers. PopUp School has been shortlisted as one of the top 200 startups competing for the GSV Cup Elite, where they can win $1 million in cash and other prizes. PopUp School stood out among 900+ startups from 69 countries in the selection process.

Doctor Yan

Doctor Yan experienced a significant growth of 150% in the number of appointments since June 2022. Currently, over 13K patients and 700 doctors are utilizing their platform. The team is in the final stages of establishing partnerships with a large hospital and an insurance company. Doctor Yan recently introduced a new product line, a personal assistant for doctors, which greatly facilitates doctor acquisition.

Manot

manot has successfully acquired paying customers who are benefiting from their system's ability to adapt to unexpected real-world scenarios 10x faster. Moreover, their system has demonstrated a 20x increase in accuracy and resolved issues with 30% lower costs. With over 20 customers on the waiting list, manot has 3 three ongoing pilots in delivery robotics and 1 paying customer in a production environment. Their achievements have gained recognition in Forbes and SF Business Times. Additionally, manot secured new funding from Argonautic Ventures in February, amounting to $375K with a $7.5 million valuation cap. Their first paying customer in the autonomous robotics field is Tinymile.
Watch Chinar Movsisyan, founder and CEO of manot, presenting at Berkeley SkyDeck Demo Day.

Dowork.ai

Dowork.ai launched a new product it calls "ChatGPT for companies" and is currently conducting Proof of Concepts with several companies across the US, Europe, and Asia. They are in the final selection process for one of the largest US acceleration programs. In the second quarter of 2023, Dowork.ai plans to introduce Google Drive integration.

HopShop

HopShop released an updated version of their AI technology with 30% more precise results. This enhancement led to an average retention increase of 10%, with user activity surging by 30%. As a result, the total number of users has exceeded 9K.

Bliink

BLiiNK acquired 250 new users, and one of them converted into a paid user. They achieved 1st place among Idea Stage Startups at the Seaside Startup Summit and will be participating in VIVA Tech 2023 in Paris from June 14 to 17. BLiiNK initiated a partnership with the Association of Armenian Kinesiologists and has plans to launch a marketing campaign in the US in the upcoming quarter.

Doodooc

doodooc had a successful year with several B2B projects, including being the official music visualizer at the FIFA World Cup Qatar 2022 Fan Zone and creating five custom visualizations for Serj Tankian's "Perplex Cities" album. In the next few months, they intend to release Music Albums and Live Real-Time Visualizer features. doodooc achieved 1st place in the Growth Stage Startup Competition at the Sevan Startup Summit 2023 in Vizag, India.

Axona Lab

Axona Lab is currently focused on the UAE market and is conducting an experiment to identify the best locations for Out of Home advertising, with 500 locations being assessed.

Stay tuned for more updates on these exciting developments!

Hratch Sofoian Joins STAN!

We're delighted to introduce another fantastic angel joining our STAN community!
Let's give a warm welcome to Hratch Sofoian, a seasoned professional management consultant with a passion for all things digital, data, and B2B! With extensive experience at leading consulting firms Deloitte & Capgemini, Hratch brings expertise in business development, large-scale business transformations, and serving as a trusted advisor to bridge the gap between technology and business.
But that's not all! Hratch is also the founder of HerTrove, a prime destination for luxury designer dresses and couture, showcasing his entrepreneurial spirit and deep knowledge of product development and business growth.
STAN is thrilled to have Hratch on board, sharing his invaluable insights and helping Armenian startups thrive. Stay tuned for exciting collaborations and opportunities!

Vahram Sukyas Joins STAN!

We're happy to introduce the newest angel joining STAN!
Join us in welcoming Vahram Sukyas, a tech industry veteran with over 20 years of experience! As the Chief Technology Officer at VIQ Solutions, Vahram brings a diverse background in engineering, scaling digital products, cloud technologies, AI, cybersecurity, and more!
Previously, Vahram held influential roles at Warner Bros. and Technicolor's M-GO division, where he played a key part in launching and scaling the M-GO platform to millions of devices across multiple platforms.
STAN is proud to have Vahram on board, expanding our expertise and investment opportunities for Armenian startups.

STAN-GEW 2023 event

On Monday, November 13, STAN successfully hosted a thought-provoking Panel Discussion focused on Supporting First-Time Founders with a Scientific Background. Gratitude to our esteemed panelists, including Narine Kotikyan, Art Ghazaryan, Mihran Aroian, and Marcelo Rubinger, whose valuable insights shed light on harnessing Armenian scientific capabilities to the fullest.The discussion culminated with a shared understanding of the importance of cultivating a unique Armenian approach to innovation and science support.
Special thanks to GEW Armenia 2023 and EPIC - Entrepreneurship and Product Innovation Center for their facilitation, contributing to the success of this event.
Stay tuned for more engaging events throughout the week as part of Entrepreneurial Week!

Meet Saima: Revolutionary Video Speed Solution

Science & Technology Angels Network (STAN) is thrilled to announce the successful investment made by its angels in Saima following STAN's 12th pitching session on February 24, 2023.Saima, founded by a highly skilled and diverse team with extensive experience in the private and public sectors, has made groundbreaking advancements in personalized adaptive speed solutions for video materials. In collaboration with renowned Dr․ Prof Hovhannes Manvelyan (Chairman of the Department of Neurology at YSMU, UCSF postdoc), Saima has developed a cognitive assessment mechanism, leveraging research from esteemed institutions such as Stanford University. This mechanism identifies users' baseline comprehension and utilizes AI technology to dynamically adjust the speed of video content, tailoring it to individual listening paces. Saima's solution revolutionizes video watching by providing a customized experience that enhances comprehension and memorization.To get a better understanding of Saima's pioneering solution, please watch the following video:

Saima successfully graduated from Berkeley's prestigious SkyDeck accelerator program in Spring 2023. With the rapid growth of online learning, optimized solutions that maximize knowledge retention and adapt to individual learning speeds are primed to capitalize on these trends, attracting both consumer and commercial user bases.STAN Angels Astghik Khachatryan, Avetis Antaplyan, Armen Panossian, Hratch Sofoian, and Vrej Sarkissian have invested in Saima's pre-seed round, joining forces with a lead angel investor from Silicon Valley.STAN congratulates its angels and the Saima team on this remarkable achievement and wishes them an exciting journey ahead!

Gayane Aghajanyan Joins STAN!

We are delighted to announce the addition of Gayane Aghajanyan to the STAN team as a new angel investor.
As an attorney at Michael Sullivan & Associates LLP, she specializes in representing self-insured employers, third-party administrators, and corporations in the intricate realm of workers’ compensation.
Additionally, Gayane serves as a board member at The Center for Truth and Justice, a non-profit dedicated to making a meaningful impact.
We are excited to have Gayane on board and confident that her legal expertise will greatly benefit STAN!

Art Ghazaryan Joins STAN!

We are delighted to announce the addition of Art Ghazaryan to the STAN team as a new angel investor. Art brings a wealth of experience and professional expertise that aligns with STAN's mission and objectives.
Art's educational background is diverse and distinguished. As an MIT Sloan Fellow, he has received top-notch training and knowledge. He holds a diploma with the highest honors from Yerevan State University in Electrical and Electronic Engineering. Furthermore, he has earned master's degrees in entertainment and media from Ohio University and computer science from Tufts University.
As a co-founder and CEO of Ympakt, a boutique venture studio and impact-focused research lab, Art's work exemplifies the power of design thinking. Ympakt's portfolio teams are dedicated to building purpose-driven startups that create both profit and positive change in the world.Art has a remarkable entrepreneurial experience having founded and managed four successful startups with a strong presence in Armenia in various fields, including image processing, music education, biotech, aerial analytics, social ventures, and photography.In addition to his venture-building experience, Art has also contributed to international development programs as a manager at the World Bank and UNDP. His multi-national and multi-disciplinary experience has led him to spearhead projects in government, academia, and private foundation sectors in Armenia, Rwanda, and Indonesia.Art has made significant contributions to social impact initiatives, focusing on capacity development for ethical leadership and entrepreneurship in emerging regions. He has also pioneered engagement and nudge platforms to influence consumer and citizen decision-making, particularly in development settings. Furthermore, he has developed platforms that foster artistic expression, originality, and greater semiotic engagement, vital aspects of human flourishing and active global citizenship.Art's investment interests encompass a wide range of fields, including ML/Imaging (B2C, photography, digital marketing, B2B computer vision, aerial analytics, Greentech), biotech (ML-Drug Discovery), and edtech (music literacy, STEM, non-profit).We are thrilled to share common values and passion for innovation and technology entrepreneurship in Armenia and are confident that Art’s involvement in STAN's activities will amplify our collective efforts.Welcome aboard, Art! We are excited to embark on this journey together.

Meet BrandLens: The Newest STAN Portfolio Startup

BrandLens is the premier app-less platform for effortless short-form videos and UGC (User-Generated Content).BrandLens participated in STAN’s 12th pitching session and has become the 13th portfolio startup of STAN. Four STAN angels, including Ruben Arutyunyan, Kevin Bartanian, Avetis Antaplyan, and Igor Khalatian, have invested in BrandLens.It is an innovative video creation platform that simplifies generating and engaging with user-generated video content.With BrandLens, brands can effortlessly create authentic videos in collaboration with their community, customers, fans, or anyone else. The best part? No need for additional apps or downloads.See below two examples of how startups used the BrandLens platform to pitch to STAN Angels:
Visit the BrandLens website to learn more about innovative ways to engage your audience and generate authentic user-generated video content for your brand or agency. You'll discover how the platform eliminates the need for apps or downloads, making the process seamless and user-friendly.
At STAN, we are dedicated to supporting Armenian founders who are building science and technology-intensive innovative startups. BrandLens is a shining example of our community's remarkable talent and ingenuity.

STAN Portfolio Startups in Q2 2023

STAN portfolio teams had significant progress in the second quarter of 2023. Let's take a look at the impressive accomplishments of our portfolio startups and their ambitions for the future.

Dowork.ai

Dowork.ai has been successfully admitted to the SkyDeck Europe accelerator program. They have hired a US-based consultant to help devise and implement a robust product-led growth strategy. The Dowork.ai solution currently spans multiple areas, and in an effort to specialize their offering, they are seeking a specific application or scenario to concentrate on.

Doctor Yan

Doctor Yan has partnered with one of the major insurance companies in Armenia. During the past quarter, they achieved a 15% increase in the patient base and a remarkable 36% rise in appointments, totaling 5,500 completed appointments. They have 52 new registered doctors and are currently in the early stages of establishing an advisory board.

Denovo Sciences

Denovo Sciences has achieved wet lab milestones in its drug discovery programs, started a new partnership in Asia, and has secured grants from Armenia and Europe. They have also increased their computational power through grants, startup programs, and getting access to a supercomputer which will allow for large-scale experiments. They are expanding their partnerships with academic and industry players from US, Europe, and Asia.

PopUp School

The PopUp School team recently participated in the esteemed BAJ accelerator program, which has provided valuable insights and connections. As a result, they are currently engaging with investors who have expressed interest in the venture during the accelerator phase. PopUp School was recognized as one of the world's top 200 elite EdTech startups. This distinction opened doors for collaboration with www.ASA.org, a highly respected US government-sponsored platform.

Axona Lab

Axona Lab has transitioned to the GCC market, targeting businesses that operate in the region, and launched the study of outdoor locations, covering 500 locations in Dubai, UAE. A new partnership was developed between Axona Lab and Yemnak, which is helping introduce Axona Lab in GCC and specifically KSA. Axona Lab will launch data as a service platform for outdoor locations in UAE (and other GCC countries later) called OutdoorUAE.ae. This is estimated to be launched in August 2023.

BLiiNK

BLiiNK has pivoted and transitioned to a Freemium business model for individuals and released a new app version. The team participated in ViVaTech 23 and is currently working with new leads from the event. They have successfully partnered with Ergonomics/Digital Health specialists in India, Canada, and Israel. The team continues investing in digital marketing and is going to launch referral and affiliate programs. They are gearing up to start clinical research and publish the results.

BrandLens

BrandLens made its mark on the global stage by representing BrandLens at SXSW, being a sponsor at CommerceNext, and participating in VidCon annual convention.
Furthermore, BrandLens successfully unveiled the much-anticipated 2.0 version of its platform, introducing enhanced features and functionalities to serve its users better. A highly successful campaign launched in AppSumo further amplified the company's efforts, generating widespread attention and user engagement.

Manot

Mythrill has been implementing generative AI in all of its content creation features. The initial integration of generative images in 2022 brought an immense boost to the quality of visuals created for the series, which is a key unique feature of Mythrill. They have been focusing on translations and launched the first translated story in June, with two more following within the next month.
They currently have 23K registered readers and around 40 authors, an incredible 6.7x increase in the number of long stories jumping from 60 in the first quarter to 400 as of the end of the second quarter. Soon Mythrill will release its functionality for audio content creation.

Stay tuned for more updates on these exciting developments!

All You Need to Know About STAN Pitching Sessions

Congratulations, your startup received the message that it was selected to pitch to STAN Angels. What's next? We’ve prepared detailed guidelines and recommendations for you explaining what our pitching sessions look like and how to best prepare to maximize your chance for success.

Pitching Schedule and the Event

First, you will be provided with the agenda of the pitching session event, where you can see the location and the timeslot of your pitch. Each startup is given 5 minutes for pitching and 5 minutes for the Q&A session with the angels. So overall, each pitch takes 10 minutes + 5 minutes for the post-pitch discussion between angels.The pitching event usually has a networking session between the startups and angels. So for those startups that are present on-site, it is an excellent opportunity to ask questions, get more feedback, and connect with the investors. The founding team of the startup or at least one of the founders are expected to be present at the event. That way the founders will be able to get the most out of networking. It can look questionable if the founders are unable or unwilling to pitch personally.The STAN pitching session is an invite-only closed event. It is not open to the public. To ensure proper confidentiality, only the selected startups are invited to the pitching room. Note that there is typically a photographer present at the event, who may ask each team member to take a photo at the venue. Those materials may be used by STAN in the future for marketing purposes.

Pitch Presentation

Your presentation is the most important component of your pitch.
Ensure that the information you present verbally during the pitch matches the data in your on-screen slides and on the Gust platform (especially your funding, post-money valuation, and other specific figures and data). The investors review Gust applications after the pitching session, so it is crucial to keep them up to date. You can read more about correctly filling out your Gust application here. If you pitch online, make all the technical checks (microphone, camera, etc.), and ensure a proper internet connection to avoid any unexpected issues.
Practice your pitch as much as you can and rehearse potential questions that investors might ask during the Q&A session. Anticipate questions about your business model, revenue projections, scalability, and more. This preparation will help you respond confidently and succinctly.Consider outlining a strategy for engaging with investors after the pitch, especially if they express interest. Plan how you'll share additional information, respond to their inquiries, and keep them updated on your progress.

What to Expect From STAN Angels

STAN’s typical ticket size is from $30K to $100K. On average, the STAN investment per startup is around $50K. STAN Angels are comfortable co-investing with investors from other angel networks if the ask of the startup is larger than STAN’s commitment.After the pitching session, the STAN team sums up the interest of angels in particular startups. Interested angels will have several follow-up calls with the teams they like to go deeper into details. When you're having follow-up calls with interested angels, make sure to personalize your discussions based on the individual angel's interests and questions. Tailoring your approach can help build stronger connections and demonstrate your commitment. In some cases, angels may also visit the startup offices to see the status “behind the scenes.”Based on the meetings and the follow-up due diligence process, angel investors make their decision and formulate their investment commitment. From that information, the STAN team prepares an investment agreement (SAFE or a Convertible Note). Angels transfer the investment amount upon signing the agreement. It may typically take a few months to finalize the follow-up process and get an investment, so be patient and prepared for all the steps.

Emphasize Your Strengths

Research STAN Angels' portfolio on our website and previous investments to understand their preferences and areas of interest. Tailor your pitch to align with their investment focus, showcasing how your startup fits into their portfolio and adds value to their investment strategy.Emphasize any traction your startup has achieved since the initial application, such as user growth, revenue milestones, partnerships, or product developments. Highlighting progress can make your pitch more compelling and demonstrate that your startup is making strides toward its goals. It’s always a good idea to also share financials with investors if you have proven traction and good unit economics that prove your growth hypothesis and will provide another reason for investors to fund your startup.

Be Flexible and Transparent

Acknowledge potential risks and challenges your startup might face. Being transparent about these challenges and explaining your strategies to mitigate them can show your awareness and preparedness to handle obstacles.While it's important to have a well-prepared pitch, be ready to adapt if the conversation takes a different direction. Investors might have unique perspectives or questions that you haven't anticipated. Being flexible and adaptive in your responses can showcase your ability to think on your feet.Conclude your pitch with a clear call to action. State what you're looking for from the investors (funding, partnerships, etc.) and what steps you'd like to take next. A well-defined call to action guides the conversation toward the desired outcome.

General Tips

Additional information regarding the event

  • Pitching is done in English.

  • It is always a good approach if a single person does the pitch.

  • Another best practice is to have the same person who pitched answer all the follow-up questions. Even if you have a business background, but technical questions are asked, it is much better to prepare for those questions and answer them yourself.

  • Be concise during the Q&A session to make the most of it. Do your best to listen to the questions carefully. Don’t be shy; if necessary, repeat the question and confirm that you understood it correctly.

  • Properly communicate your ask (funding needed, valuation, what you will spend it on, and what you will deliver with that funding).

  • Despite all the technical checks, complex presentations (with video, a specific sound, or animation) don’t always work. So, consider keeping it as simple as possible.

  • Practice your pitch, ideally in front of people who can give you informed feedback. And refine your pitch based on the feedback.

  • Participate in public demo days and watch demo days of well-known acceleration programs (e.g. 500 Global, Berkeley SkyDeck, etc.).

  • Reach out to peer startup founders for tips on successful pitching and angel relations management.

  • Be smart with the valuation of your startup. Keep the balance between your expectations and offer a fair valuation to the angel investors given your traction, readiness of your product, and other factors impacting the value of the startup.

  • Try to avoid emotional appeals. Remember, this is a business transaction and angels are business investors. You must have passion for your idea and product, but appeals to emotion won't make up for shortcomings in your business model or other essential omissions. Keep the pitch about the functional side of things and tangible benefits and less about how much of a labor of love your startup is.

By incorporating these suggestions into your pitch, you'll be thoroughly prepared for the pitching sessions with STAN Angels.Despite the result of your pitch, remember that you are the architect of your success. Keep learning, keep chasing your dream and always keep a positive attitude and good luck!“Ideas are a commodity. Execution of them is not.”
Michael Dell, Chairman and CEO of Dell Technologies

Hovhannes (John) Mardirossian Joins STAN!

We're excited to announce that Hovhannes (John) Mardirossian, a President Emeritus, Life Time Member, and Chairman of Technology and Education at Armenian Engineers and Scientists of America (AESA), North Eastern Section, has joined STAN as an Angel Investor.His fundamental experience in fiber optics, structural acoustics, sonar and wireless technology will significantly impact the Armenian startup ecosystem.STAN is thrilled to have Mr. Mardirossian as he brings his wealth of experience and expert knowledge to empower startups within our community.

Zarik Boghossian Joins STAN!

We're excited to announce that Dr. Zarik Boghossian, a passionate serial innovator, entrepreneur, educator, and angel investor has joined STAN. He has led multinational teams for 35 years in creating advanced technologies and solutions spanning various domains, including Digital Media & Signage, On-Demand Services, Social networking, legal, Solar energy, e-commerce solutions, Augmented Reality, Web-3 & AI, and Aerospace systems. Notably, he was pivotal in developing mission-critical Electric Power System Flight Software for NASA's International Space Station.Over the past 18 years, Zarik has been a key figure in Armenia's IT industry and as the Co-Founder and CTO of Wovenmedia, with its subsidiary Wovenmedia Armenia. Zarik leads the development efforts of its 4-th generation patented Digital Media Solution currently being used by Sams Club, a Walmart company.Additionally, as a Professor at Pepperdine University for 15 years, Zarik imparts his expertise to business students by teaching Entrepreneurship, International Management, and Social Entrepreneurship courses. As a public speaker, Zarik promotes the importance of leadership, kindness, and imagination in life through his trademarked concepts "Leadership as a Service™" and "Imagine Always™."STAN is thrilled to have Zarik Boghossian, as his exceptional entrepreneurial and leadership expertise will be a valuable contribution to STAN startups.

Hayk Harutyunyan Joins STAN!

We are happy to announce that Hayk Harutyunyan has joined STAN! Hayk brings a wealth of experience as an entrepreneur, investor, manager, and sustainability advisor.Hayk holds the position of Chairman at the Energy Agency of Armenia. He also co-founded a renewable energy group and an agricultural holding. Hayk is an advisor on sustainability and renewable energy for large corporations and financial institutions abroad. His extensive background includes serving as the Deputy Minister of Energy and Natural Resources of Armenia and holding key positions as chairman or board member in various state-owned organizations.Additionally, Hayk has led projects such as the development of a new nuclear power unit in Armenia. He founded the Armenian British Business Chamber and served as its chairman for 3 years.Hayk’s educational background includes Executive MBA Degree from Skolkovo School of Management (Russia), a Master's Degree in International Relations from Cambridge University (UK), a Bachelor's Degree in Politics and International Relations from Lancaster University (UK), and an IB Diploma from the Regent’s School (Thailand).We believe that Hayk's outstanding entrepreneurial and leadership skills will make a valuable addition to the STAN startup community.

STAN Board of Trustees

Igor Khalatian

Co-Founder of STAN, Chairman of the Board

Igor Khalatian is an entrepreneur with over 20 years of successful expertise in the high-tech sector globally. Previously Igor established a co-browsing and screen-sharing technology startup, LiveLOOK, in 2007, which was acquired by Oracle in 2014. Later, he assumed the role of Vice President of Development at Oracle.In the mid of 2023, Igor founded the world’s first AI-based dating service, IRIS Dating.Igor is an avid mountaineer who has conquered Mount Everest, as well as 5 out of 7 highest points on each continent of the world. He has a master's degree from Yerevan Polytechnic Institute, a doctorate in computer science from the USSR Academy of Sciences, and a Ph.D. from the Bell Labs research facility in the US. Dr. Khalatian is the author of 13 US patents. He is also an official member of the Forbes Technology Council.Igor Khalatian, together with a group of 18 additional angels, established STAN. Since 2018, he has held a position as one of the co-chairs within the organization. Igor's influence has been crucial in molding the development and influence of the Armenian startup ecosystem.

Ruben Arutyunyan

Co-Founder of STAN

Ruben's diverse background includes being the founder and President of the highly successful HENDERSON Fashion Group, a prominent men's business and leisure outfit retailer with an extensive presence across more than 50 cities internationally.He graduated from Yerevan Polytechnic University with a mechanical engineering degree in 1989. Additionally, he has an MBA from Moscow's Higher School of Commerce. Between 2017 and 2019, he presided over the board of trustees of the Ayb Educational Foundation. He has supported the UWC Dilijan educational project and has served as chairman of the Ayb School Board of Trustees. He has also been a member of the Aznavour Foundation Board of Trustees since 2019.Ruben Arutyunyan is one of the initiators of creating the Science & Technology Angels Network in 2018. He has been the founding angel of STAN since its inception in 2018. Over the course of 5 years, he was the Co-Chair of the STAN. Ruben has played a pivotal role in shaping the growth and impact of technology-focused startups in the region.

Avetis Antaplyan

STAN Angel, Co-Chair of STAN's Chapter in Los Angeles

Avetis is the Founder & CEO of HIRECLOUT, a 2-Time Inc. 5000 Fastest Growing Company and a Global Tech Recruiting and Consulting firm with partners such as Uber, Hulu, SonyPS, Salesforce, LinkedIn, Rivian, StubHub, and many of the best tech companies in the world. He has helped hundreds of companies scale their Tech & Engineering, leading to acquisitions and IPOs.Avetis’s educational background includes completing the Executive Leadership program at Stanford University Graduate School of Business and Business & Economics degrees at California State University, Northridge. Avetis is also an official member of the Forbes Technology Council.Avetis Antaplyan joined STAN in 2021, bringing with him a wealth of experience and a strong commitment to supporting Armenian startups as an investor and advisor. Avetis is among the most active angels of the STAN. His portfolio includes startups such as Saima, Doodooc, BrandLens, PopUp School, DoctorYan, Bliink, and many others.Avetis's main passion lies in empowering the Armenian tech ecosystem to reach new heights and emerge as a global leader. Through his active involvement with STAN and dedication to supporting local startups, he endeavors to propel Armenia's tech landscape to international prominence.

Alexandre Meterissian

STAN Angel

Alexandre has deep expertise in public policy, communications, and corporate strategy and has advised the senior leadership of many high-profile organizations in managing strategic policy issues and regulatory, financial, and business challenges. Some of his clients have included Uber, Expedia Group, Intuit, Coca-Cola, BlackRock Metals, Altasciences, Syneos, HEXO, Rio Tinto, ArcelorMittal, Shoppers Drug Mart and GlaxoSmithKline.Prior to joining Teneo, Alexandre was a partner at HATLEY Strategy Advisors, which was acquired by Teneo in 2020. He led the government affairs group, advising clients on policy issues both provincially in Québec and federally in Ottawa. Previously, Alexandre worked for Canada’s Foreign Affairs and Immigration Ministers in Ottawa. Alexandre received his bachelor’s degree (B.A. Arts) at McGill University and his master’s in business (M.Sc. Strategy) at HEC Montréal.As a proud Armenian-Canadian, one of Alexandre's passions is the economic development of the Republic of Armenia. He is currently the Canada representative for Enterprise Armenia, the country's national promotion authority.Alexandre is an angel investor and an LP in a Canadian-based venture capital fund. He joined STAN in January 2023 and, in this brief period, has already showcased an active commitment to supporting STAN programs and engaging with Armenian startups. With a demonstrated passion for fostering growth and innovation, Alexandre's active involvement in STAN initiatives and his extensive background make him a valuable board member.

Suzanna Shamakhyan

Ex-officio board member, Executive Director of FAST

Suzanna Shamakhyan, is an ex-officio board member of STAN appointed by FAST. She is a versatile leader dedicated to education, network-building, and youth empowerment. At Foundation for Armenian Science and Technology (FAST), she leads transformative efforts to reform Armenia's science and innovation ecosystem, driving initiatives to modernize education and advance research. With extensive experience in leadership roles over the last 12 years, she spearheads impactful projects, creating a multiplying impact.
Suzanna is an Associate Professor at the American University of Armenia, contributing to students' academic development by combining practical knowledge with a global perspective. Previously, as the Head of International Cooperation at Russian-Armenian University, she facilitated partnerships with institutions from 40 countries, implementing 25 major projects that fostered global collaboration. As the driving force behind building the university's internationalization strategy and structures, she established the department from the ground up.
Beyond her professional work, Suzanna is actively involved in volunteerism, supporting causes ranging from human rights to educational opportunities for indigenous communities. Her dedication to creating impact led her to establish the European Youth Parliament (EYP) in Armenia. As the Founding President of EYP Armenia in 2012, she created a platform for over 10,000 young Armenians to become active participants in society, fostering dialogue, leadership skills, and civic responsibility.

Spotlight on Innovation

STAN's 14th Pitching Session

The 14th pitching session of the Science & Technology Angels Network (STAN) took place on October 19, 2023. During this event, STAN angels convened to engage with startups seeking to bring their ideas to enhance their current ideas and products through added resources and guidance.

Preselection

22 qualifying startups submitted applications to join the STAN pitching session. The selection process was rigorous, as choosing the participants who would present their pitches to STAN angels proved to be a challenging task. For this purposes, the preselection contest was conducted by the STAN pre-selection committee with over 16 startups presenting their ideas, products and services. The pre-selection committee members for the 14th pitching session were STAN Angels Hratch Sofoian, Vahram Sukyas, Zarik Boghossian, Sassoon Kosian, Vahan Vardanyan, and STAN CEO Ruben Osipyan.

Selection

The selected startups were evaluated based on the factors such as the startups' preparedness, their current stage of development, alignment with the specified target areas, the disruption and scaling potential, industry/market trends, traction and presentation level. STAN usually gives preference to startups involved in scientific and technological innovation, placing a particular emphasis on AI as a foundational technology or integrated into diverse industry verticals.

Startups

Marketing

  • HopShop is an app designed for the fashion influencers who create an instant online store to monetize their social media accounts by listing the looks they wear on posts.

  • Knoxlabs is the only everything AR/VR marketplace that offers easy buy, sell, and product discovery.

  • Sceyt is dedicated to facilitating complex communication solutions like in-app chat and calling for businesses of all sizes. With Sceyt you can add a fully featured chat to your app in minutes, and launch faster.

  • Optimyzee Inc. is an automation tool for Google Search Ads creation.

  • Octopulse AI is created for simplifying campaign launches - no data science or content teams needed.

  • OHMYSYNT is a cloud platform that helps marketers personalize AI-generated content for their brands, ensuring it aligns with specific products, ambassadors, and styles.

  • Grate Media is a platform that provides food mavericks a media, brand and commerce marketplace to help drive visibility and earnings potential.

Healthcare & Biotech

  • 10X Immersive helps children/patients to have less painful, anxiety-free pediatric dental procedures using a personalized most immersive Virtual Reality system.

  • Biocentric.AI is a vanguard in the integration of state-of-the-art AI methods for efficient utilization of three-dimensional molecular data with large-scale molecular modeling, underpinned by fundamental biophysical principles of drive drug-target interactions.

Blockchain & Radar platforms

  • ChainGuard is a community-driven blockchain analytics platform empowering individuals and businesses to track, evaluate, and act upon real-time crypto transactions.

  • Waveye is an early-stage technology startup focused on imaging radars for autonomous platforms.

Next Steps

Following the pitching session, the STAN team is currently in the process of organizing the follow-up meetings between the startups and the angels interested in investing in the promising ventures.Stay tuned to learn more about the upcoming pitching sessions and when to apply!

Ecosystem Meetup

Empowering Armenian Startup Ecosystem

On October 20th STAN hosted Empowering Armenian Startup Ecosystem Meetup. The event aimed to get together the ecosystem builders to address the challenges and discuss ways to support players in the Armenian startup ecosystem in these trying times.We express our gratitude for the participation of Ministry of High-Tech Industry of the Republic of Armenia, Robert Khachatryan and other government officials who have extended their support to the collective advancement of the Armenian ecosystem.STAN Board Member Suzanna Shamakhyan moderated the event and encouraged the ecosystem representatives to evaluate the present landscape, identify obstacles, and collectively seek solutions.

A big thank you to all attendees for their support and effective discussions. We hope we have encouraged you to engage in more discussions about the startup ecosystem and actively seek solutions.We look forward to the next steps and collaborations around a joint vision of keeping the growth of the Armenian startup ecosystem!

STAN Angels have invested in GembaPro!

Angels of the Science & Technology Angels Network (STAN) have invested 85 thousand dollars in GembaPro. This is the 16th startup in the portfolio of STAN.
GembaPro was founded in 2022 by an international team of tech executives with prior experience in McKinsey & Company, Google, Yandex, Boston Consulting Group, and SBER. GembaPro is an interactive training software for blue-collar workers helping heavy industries close a $2.5T productivity gap․ GembaPro is an alumni of Alchemist Accelerator, which is the world’s leading B2B acceleration program that helps startups to disrupt enterprise solutions.

“From the outset, GembaPro has been focused on bridging the productivity gap in heavy industries through innovative training solutions. This investment from STAN not only validates our vision but propels us further towards global market expansion,” said Andranik (Ando) Konstantinidi, Co-Founder & CEO of GembaPro.Alexandre Meterissian, one of the investing angel investors and a member of STAN’s board of trustees, will join the board of GembaPro to support the startup with his domain expertise and a broad network in the global mining industry.“As an angel investor, I look for startups poised for global success. With a market ripe for digitization, supercharged with an exceptional founding team, GembaPro appears at the right time with an undeniable offer to the market. I am excited to invest in GembaPro and join its board.” said Alexandre Meterissian.GembaPro is collaborating with the global leader in the production of metals and is gearing up to increase its market coverage in the Americas, Australia, and South Africa.Several weeks ago, GembaPro announced they had been selected for the Start-Up Chile Ignite grant & acceleration program. We are proud to mention that Cemex Ventures named GembaPro among the TOP-50 most promising startups redefining the ecosystem.In closing, we congratulate GembaPro and its founding team for this achievement. We appreciate their commitment to revolutionizing training solutions for heavy industries. We thank our angel investors for their foresight and support in backing GembaPro. Here's to the exciting journey ahead!

STAN Talks

Legal Basics for Startups and Investing

On February 29, 2024, we hosted "STAN Talks: Legal Basics for Startups & Investing" at the Service Titan Armenia’s office in the heart of Yerevan. Hayk Mamaganyan, STAN Angel Investor and Founder of HVM Law firm, shared perspectives on the latest trends in fundraising and dealmaking from the legal perspectives. Hayk delved into the complexities and nuances that entrepreneurs and investors encounter in the different stages of the startup development, from incorporation to cap table, from SAFEs to C-Notes.

Key Takeaways

  • 2023 was one of the toughest years for the global innovation ecosystem. It had the lowest VC funding since 2017. Startup valuations dropped but historically high. Startups started implementing smaller rounds. Many had down rounds. The ecosystem experienced massive lay-offs by tech giants.

  • For 2024, the ecosystem has more positive expectations with a potential of moderate rebound. Investors will be more focused on profitability potential. Generative AI is a global trend, but investors are looking for viable use cases. Having AI is not a panacea for getting funding. We will witness more lay-offs to be announced this year.

While the global innovation and VC market is in a turbulent stage, the early stage and angel funding is demonstrating stability and in some cases a significant growth. However, given the market conditions, angel investors are gradually shifting from founder friendly SAFEs to Convertible Notes.
Beyond the informative sessions, the event featured extensive networking opportunities. Attendees had the opportunity to connect with fellow entrepreneurs, investors, and industry experts.

Glimpse from Inside

STAN's 15th Pitching Session

The Science & Technology Angels Network (STAN) hosted its 15th pitching session on March 1, 2024. This session stood out with a high number of guests participating in the event both in person and joining us remotely. We were heartened to host the representatives Business Angels Moldova (BAN) at our event and hope this will be a start of fruitful cross-border deals with the involvement of the angel investors from both networks. We were humbled to host a fantastic cohort of 8 pitching startups, that build diverse solutions from healthcare to industrial automation, from recruitment automation to low code application development. Let’s now dive into the details of the event.

Preselection

STAN received 23 applications from the startups willing to pitch their ideas to STAN angels. It was a challenging task to shortlist the startups. Most of the applications presented impressive ideas with strong founding teams behind them.It is always difficult to reject, especially the strong applicants, but we had to make a choice. After careful consideration we selected 8 teams to pitch to the STAN angels. The guiding principles for the shortlisting were the experience of the founding team and our assessment of the startup's readiness to scale internationally.While being sure that our selection was well thought, we understand that the long-term success of an entrepreneur lies in dedication. So we encouraged the rejected team to pursue their goals with the same and even higher motivation by sharing the words of Winston S. Churchill: “Success is not final, failure is not fatal: It is the courage to continue that counts.”

Startups

Biotech, HealtTech & Welness Applications

  • Foldink - a biotech startup developing bio-inks for the technology of 3D bioprinting to help scientists grow living tissues in laboratories and save lives.

  • Uray is a handheld urine analyzer, focused on enhancing health screening for Chronic Kidney Disease (CKD), Urinary Tract Infection (UTI), and kidney stones in primary healthcare settings.

  • Got it Life is an AI-powered self-care app that enhances the psychological resilience & productivity of enterprise employees through guided internal-external dialog & Psycholinguistic recognition system.

Hardware Solutions

  • TACTUN is providing the controllers and software platform for every machinery under development. They reduce R&D costs by 80%, shifts companies from single-time to recurring revenue models, and boasts controllers with 10x the accuracy and speed of industry alternatives.

AI-Powered Solutions

  • PromptAds is a tool for advertising based on AI-powered chatbots.

  • Hiresonic, an AI Recruiting Assistant, which helps to save recruiters time by automating repetitive tasks such as candidate screening and sourcing.

  • Grocera is a platform that collaborates with grocers and influencers, facilitating upselling for groceries and dispatchers based on recipes. At the same time, it assists cooking bloggers in better monetizing their content.

AI-Powered Solutions

  • GSoftApp is a low-code database application platform and framework created to streamline and simplify the development process.

Angels and Guests

This pitching session was special in terms of high participation of angels and hosting guests who joined the pitching session in person and remotely.We were happy to welcome the driving forces behind the STAN – our co-founders Ruben Arutyunyan and Igor Khalatian. The pitching session was energized thanks to the presence of our fantastic angels: Rem Darbinyan, Sargis Badalyan, Hayk Mamajanyan, Hayk Harutyunyan, Stephan Reckie, Gugo Martikyan, Vahag Karayan, Sassoon Kosian, Armen Martirosyan, Avetis Antaplyan, Sergey Yengoyan, Alexandre Meterissian, Vahram Sukyas, and Gayane Aghajanyan. It is heartening to witness continued enthusiasm and continuous active engagement in the pitching session of our founding angels Artur Alaverdyan, Igor Avanesyan, Artur Tovmasyan, and Vahan Vardanian.The session was particularly special as it marked Gayane Aghajanyan's first since joining the STAN family as an angel. Her active participation was a highlight, adding a fresh perspective and enthusiasm to our efforts.This pitching marked our first time welcoming the representatives of Business Angels Moldova, adding a new layer of depth and connection to our event.We had the honor of hosting David Davidian and Satenik Gharibyan from Incore investment company, Luiza Avetisyan, a serial entrepreneur, co-founder of Staff.am and Hirebee platforms, Khachik Katrjyan, the founder and CEO of Global Saving Systems, one of the pioneers of sustainable energy solutions in Armenia, Evgeniya Teryan, the founder of the Lsaran International community and a recognized expert in Change Management, Vicken Arslanian, a serial entrepreneur being the founder top niche and specialty perfume reselling organizations in the US and Kuwait. The diverse expertise and interest in fostering innovation among our guests underscored the collaborative spirit of the pitching session. Each participant brought unique insights.Our heartfelt thanks go to everyone who contributed to making the session a success.

STAN Talks

How To Start Angel Investing

On April 11, 2024, we held an online STAN Talks session on the topic of "How to Start Startup Investing."The session featured Rem Darbinyan, who is a STAN Angel, a Serial Entrepreneur and Angel Investor with over 60 investments and LP in VC funds. He is also the founder of SmartClick, a proprietary computer vision solution provider, as well as the founder & CEO of ViralMango, a startup utilizing AI to offer comprehensive insights into influencer and creator discovery, alongside in-depth analytics.During the first part of the discussion, Rem focused on the reasons why startups often fail. He shared insights on well-known cases such as Tumblr, Better Place, Quibi, and WeWork. Rem emphasized the importance of examining the team's alignment, expertise, and market understanding before investing. He also provided advice on avoiding common mistakes that startups make, particularly in areas such as financials, product development, and market understanding.Rem went on to explain the history of angel investing, sharing that the term was first used in the 1900s to describe wealthy individuals who donated money but didn't expect a return. It wasn't until 1978 that the concept of angel investors investing in startups became popularized by William Wetzel, a professor at the University of New Hampshire.Rem encouraged investors to focus on startups with a clear product-market fit, a solid understanding of their industry, and a clear competitive advantage. Additionally, he shared his experience in validating potential startups for investment by tracking their online performances. He emphasized the differences between angel investing and investing in venture capital funds. Furthermore, Rem discussed the low success rate of startups, with 90% failing over their lifetime, and the challenges of investing in them.He also highlighted the importance of understanding the Minimum Viable Product (MVP) concept and the risks involved in startup investing. Rem advised investors to make informed decisions, focus on portfolio diversification, and look for startups with a strong team and a clear market need. He recommended platforms like Y Combinator and Angel List for discovering potential investments.Finally, he emphasized the importance of networking and attending startup events.

Here are some key takeaways from Rem's talk

  • It's important to understand that the majority of startups fail, and even successful investments may face challenges in achieving significant growth.

  • Having personal experience in starting and running a startup can provide valuable insights and help angel investors make informed investment decisions.

  • Understanding the startup market and learning from industry feedback is crucial for successful angel investing.

Rem suggested that joining an angel network like STAN would be a good starting point for those who are interested in investing in startups.

STAN Talks

Mistakes to Avoid When Fundraising

On April 15, 2024, we hosted "STAN Talks: Mistakes to Avoid When Fundraising" at the Fast Creative Campus in Armenia. The event featured Stepan Khzrtian, a former corporate lawyer with over a decade of experience working with hundreds of founders across all stages of the startup lifecycle, from incorporation to exit. He quit his private practice to start Corpora, which helps founders raise money faster by automating the legal backend.With over 10 years of experience practicing corporate law, he shared his insights to avoid mistakes that can complicate fundraisers. He discussed the complexities and nuances that founders encounter at different stages of startup development, described the good and bad aspects of SAFEs and priced rounds, and shared many tips.

Here are the key takeaways from the Stepan’s presentation

  • It's worth considering doing a priced round when raising $1 million or more. Although finding a lead investor can be challenging, building early relationships with venture capitalists can help. Starting a monthly newsletter for updates and inviting potential investors can make them familiar with your company when you are ready to raise funds.

  • Partnering with the right legal team can help you cut down on legal expenses for your priced round. Legal fees have skyrocketed lately, with Series Seed rounds sometimes costing up to $100,000. However, you can avoid these costs by collaborating with specialized boutique law firms. Corpora offers automated priced rounds led by top-tier startup lawyers, all for a flat fee of $25,000.

  • Beware of the anti-dilution concerns with stacking post-money valuation cap Safes. Instead, consider raising a priced round after you’ve done a Safe round or use Safes with a pre-money valuation cap or a discount.

  • Consider using a "dilutable" post-money valuation cap Safe. Adjusting the post-money valuation cap Safe to dilute investors in each round similar to a priced round can be a good idea. However, be aware that this modification may complicate your fundraising process and require clear communication with investors to avoid misunderstandings.

  • Although the Safe was introduced to simplify fundraising, mainly for pre-seed and bridge rounds, its widespread adoption has led to increased founder dilution, prolonged legal oversight, and higher legal costs over time. Beware of these downsides when raising a Safe round.

Beyond the informative sessions, the event featured extensive networking opportunities.
Attendees had the opportunity to connect with fellow founders and industry experts.

STAN Talks

Unveiling the Granatus Ventures x Alchemist Partnership

On April 15, 2024, the Science & Technology Angels Network (STAN) hosted an event for the startup community, highlighting the new partnership between Granatus Ventures and the Alchemist Accelerator. The session featured Manuk Hergnyan, co-founder and managing partner at Granatus Ventures, Armenia's first Venture Capital firm.
Granatus Ventures is dedicated to funding, expertise, and network support for promising technology-driven startups based in or having core value-add activities in Armenia.

During the discussion, Manuk introduced the partnership between Granatus Ventures and the Alchemist Accelerator. The Alchemist Accelerator is a venture-backed initiative focused on accelerating early-stage ventures that monetize from enterprises. Startups joining Alchemist will benefit from:

  • The longest-standing program focused on the enterprise

  • The world’s best enterprise mentor and investor network

  • Access to global markets and expertise

Alchemist Accelerator Program Highlights

  • Over 1000 applicants per batch

  • Approximately 25 startups per batch (~2% acceptance rate)

  • $50K investment for 5% equity (flexible)

  • Over $450K in perks (cloud, legal, marketing, co-working space, etc.)

  • Access to over 3,000 mentors and more than 5,000 investors

The Alchemist Accelerator provides an exclusive, significantly reduced equity fee—an exceptional opportunity for B2B-focused startups to accelerate growth with funding and world-class support. Headquartered in San Francisco, USA, the Alchemist Accelerator is a global leader in B2B solutions.This partnership offers startups the chance for fast-track acceptance into Alchemist’s flagship accelerator program, bypassing most admissions procedures.

From Everest to AI

Igor Khalatian’s Journey of Innovation and Leadership

Igor Khalatian, Chairman and Co-Founder of STAN recently gave an interview sharing his unique journey as an exceptional entrepreneur and leader. Let's delve deeper into his interview and learn more about Igor's philosophy.Igor Khalatian is the first Armenian citizen to climb the highest mountain of Everest, the highest mountain above sea level. Igor Khalatian’s climbing journey lasted 74 days, with the main challenges start at 5,000 meters, where different problems and oxygen deprivation begin. At 8,000 meters, the Death Zone begins, from where you should either ascend or descend quickly. "When you get to the top of the mountain, you feel like you are close to God; everything - air and the sky are different there," said Khalatian."When you get to the top of the mountain, you feel like you are close to God; everything - air and the sky are different there," said Khalatian.

Igor shared another experience from his time at Bell Labs. He was confused to see his colleagues taking walks in the garden during working hours and asked them why. Their response was that they were THINKING.Igor realized that this was his place. The Bell Laboratories was known as a leading research center that developed a wide range of groundbreaking technologies including radio astronomy, the transistor, the laser, information theory, the operating system Unix, the programming languages C and C++, solar cells, the charge-coupled device (CCD), and various other optical, wireless, and wired communications technologies and systems.

A Perfect Match of AI and Human Ingenuity

During the interview, he discussed AI Generative and Predictive AI. Predictive AI uses mathematical methods to forecast future scenarios and trends, while Generative AI creates new images, videos, music, and more. Generative AI requires some initial creative input to produce content, while predictive AI analyzes historical data to make predictions.He mentioned as an example AI Pandora, which identifies music compositions that he likes in Jazz and finds common themes that he enjoys. In line with this, Igor starts his AI-based company focusing on predictive AI. His latest startup is Iris Dating, which utilizes AI to analyze millions of profiles in seconds, identifying matches based on personal preferences and mutual attraction. The concept of primary attraction, which suggests that initial attraction can occur before knowing anything about a person, is a key focus of Iris Dating, and AI aims to predict and understand this attraction.For deeper insights into Igor's vision, don't miss the opportunity to watch the full interview here:

STAN Launched its Los Angeles Chapter in Partnership with Triple S Ventures

The Science & Technology Angels Network (STAN) is excited to announce the establishment of its Los Angeles Chapter, in partnership with Triple S Ventures, bringing together key leaders from the startup and investment community in Los Angeles.The official launch of the Chapter took place on December 5th, 2024, at CBRE in Glendale, California. bringing together key leaders from both communities.The STAN LA Chapter aims to strengthen early-stage startup founders from Armenia and neighboring regions, as well as those from the LA ecosystem. By providing access to angel investment, strategic mentorship, and support for global market entry, STAN and Triple S seek to create a collaborative network for innovation.

The LA Chapter will be co-chaired by Avetis Antaplyan, a STAN Angel and Board Member, and Avag Simonyan, Managing Partner at Triple S Ventures.“When we at Triple S Ventures decided to launch an Angel Investor network within our ecosystem, we chose the path of cooperation with STAN, which was seeking to scale its operations by establishing a presence in Los Angeles. Together, we believe this partnership will generate immense value by consolidating the strengths of both organizations' networks, creating a powerful engine for innovation and growth,” said Avag Simonyan.This partnership will create synergies by consolidating STAN’s growing angel community, which has a significant presence in LA and is committed to supporting early-stage tech startups with high growth potential, along with Triple S Ventures' expertise in scouting innovative deals, deep domain knowledge, and well-defined investment management processes.“STAN’s community in Los Angeles is our largest, and we’ve already organized several impactful events that brought together the LA tech community and investors. Naturally, the next step for us was to think about holding dedicated pitching sessions here. However, we decided to take a more strategic approach by establishing a chapter mechanism. This will allow us to scale not only in terms of the number of angels but also across new geographies, enabling us to support even more startups. We’re excited to partner with Triple S Ventures to further expand our activities and create more opportunities for early-stage founders,” said Avetis Antaplyan.This expansion presents a significant opportunity for early-stage startups to use the potential of the angel investors from the Armenian Diaspora to bridge the startups with the US ecosystem and accelerate their scaling potential.Additionally, this initiative invites new angel investors to engage with the ecosystem, enabling them to contribute strategically and support the growth of emerging ventures.STAN encourages both non-Armenian and Armenian founders and startups to apply, whether as startups seeking funding or as angel investors looking to support the next generation of innovation.

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Օգտագործման Պայմաններ

Բարի գալուստ https://stan.am/ («Կայք»), որը գործարկվում է «Գիտության և տեխնոլոգիաների հրեշտակների ցանց» հիմնադրամի («մենք», «մեզ» և «մեր») կողմից:
Սույն Օգտագործման պայմանները կարգավորում են Կայքի հասանելիությունը Ձեզ, Ձեր կողմից կատարված նվիրատվությունները և մեր կողմից առաջարկվող ցանկացած ռեսուրսների կամ բովանդակության օգտագործումը՝ Կայքի միջոցով կամ այլ կերպ («Ծառայություններ»): Ուստի՝ նախքան Կայքն օգտագործելը, խնդրում ենք ուշադիր ծանոթանալ սույն Օգտագործման պայմաններին:
Կայքն օգտագործելով՝ Դուք ընդունում եք սույն Օգտագործման պայմանները և Գաղտնիության քաղաքականությունը, որը սույն Օգտագործման պայմանների անբաժանելի մասն է կազմում:Մենք իրավունք ունենք ժամանակ առ ժամանակ առանց Ձեզ տեղեկացնելու թարմացնել կամ լրացումներ կատարել սույն Օգտագործման պայմանների մեջ։ Յուրաքանչյուր թարմացում, տվյալ փոփոխության ամսաթվով, կհրապարակվի Կայքում։ Ուստի՝ խնդրում ենք երբեմն այցելել այս էջ՝ վստահ լինելու, որ շարունակում եք գոհ մնալ Օգտագործման պայմանների գործող տարբերակից։ Ձեր կողմից Կայքի օգտագործումը Օգտագործման պայմանների նոր խմբագրության Կայքում հրապարակումից հետո, նշանակում է, որ Դուք ընդունում եք փոփոխված Օգտագործման պայմանները:
Դուք համաձայնում եք օգտագործել Կայքը միայն օրինական նպատակներով և այնպիսի եղանակով, որը չի ոտնահարում որևէ երրորդ անձի իրավունքները կամ չի սահմանափակում կամ խոչընդոտում որևէ երրորդ անձի կողմից Կայքի օգտագործումը:
Մենք չենք երաշխավորում, որ սույն Կայքը կամ Կայքում պարունակվող նյութերում պարունակվող գործառույթները կլինեն անխափան կամ առանց սխալների, թերությունները կշտկվեն, կամ որ Կայքը կամ այն հասանելի դարձնող սերվերը զերծ կլինեն վիրուսներից կամ սխալներից կամ որ ներկայացնում է նյութերի ամբողջական ֆունկցիոնալությունը, ճշգրտությունն ու հուսալիությունը:Հասանելիություն Ծառայություններին
Հասանելիություն ստանալով Ծառայություններին՝ Դուք երաշխավորում եք, որ.
Դուք իրավասու եք կնքել պարտադիր իրավաբանական ուժ ունեցող պայմանագրեր,
Գրանցման համար Ձեր ներկայացրած բոլոր տեղեկությունները ճշմարիտ են և հավաստի,
Դուք կպահպանեք նման տեղեկատվության ճշմարտացիությունը և
Ձեր կողմից Ծառայությունների օգտագործումը չի խախտում որևէ գործող օրենք կամ կանոնակարգ:
Նվիրատվությունները
Դուք համաձայնում եք գումար փոխանցել մեզ՝ որպես նվիրատվություն:
Դուք հասկանում եք, որ Ձեր նվիրատվությունը ուղղվելու է մեր և/կամ մեր գործընկերների կողմից իրականացվող ծրագրերի և մեր կանոնադրական նպատակների աջակցությանը:
Վճարային համակարգեր
Երրորդ կողմ հանդիսացող ծառայություն մատուցողներ
Մենք կարող ենք օգտագործել երրորդ կողմ հանդիսացող վճարային համակարգեր մեր Կայքում նվիրատվություններ հավաքելու համար: Նվիրատվության ընթացքում վճարային ծառայություններ մատուցող երրորդ կողմը կարող է Ձեր կրեդիտ քարտը թողարկողից ստանալ և կիրառել վարկային քարտի թարմացված տեղեկատվություն՝ կանխելու համար Ձեր վճարման կամ բաժանորդագրության խափանումը հին կամ անվավեր քարտի պատճառով: Վարկային քարտի թարմացված տեղեկատվությունը տրամադրվում է վճարային ծառայություններ մատուցող երրորդ կողմին՝ Ձեր վարկային քարտ թողարկողի հայեցողությամբ: Ձեր վարկային քարտ թողարկողը կարող է Ձեզ իրավունք տալ հրաժարվել թարմացման ծառայությունից: Եթե Դուք ցանկանում եք դա անել, խնդրում ենք կապվել Ձեր կրեդիտ քարտի թողարկողի հետ:
Դուք համաձայնում եք, որ մենք պատասխանատվություն չենք կրում Ձեր հաշվից կատարված վճարումների պատճառով առաջացած բանկային վճարների համար:
Վերադարձի քաղաքականություն
Մենք երախտապարտ ենք մեր առաքելությանն աջակցելու համար ստացված բոլոր նվիրատվությունների համար: Օրենքով սահմանված սահմանափակումների և բարեգործական նվիրատվությունների բնույթից ելնելով՝ մենք չենք կարող վերադարձնել նվիրատվությունն այն ստանալուց հետո: Այնուամենայնիվ, եթե կարծում եք, որ Ձեր նվիրատվությունը սխալմամբ է կատարվել, խնդրում ենք կապ հաստատել մեզ հետ: Բոլոր սխալ կամ չարտոնված նվիրատվությունները վերադարձվում են վճարման սկզբնական եղանակով:
Հեղինակային իրավունքների սահմանափակումները
Կայքում տեղադրված նյութերի ամբողջական կամ մասնակի օգտագործումն առևտևային նպատակներով կամ հրապարակումը առանց մեր նախնական թույլտվության խստիվ արգելվում է: Սույն Օգտագործման պայմաններում պարունակվող որևէ դրույթ չի կարող դիտարկվել որպես մեր կողմից Կայքում ցուցադրված որևէ նյութի օգտագործման նպատակով դրա նկատմամբ լիցենզիայի տրամադրում:
Կայքում ցուցադրված տարրերը կարող են պատճենվել անձնական օգտագործման համար` պայմանով, որ հեղինակի և աղբյուրի նշումը ևս կպատճենվեն և փոփոխություններ չեն կատարվի: Այնուամենայնիվ, որոշ տեքստեր և լուսանկարներ կարող են հրապարակվել սույն Կայքում՝ համապատասխան իրավատերերի (որոնք մենք չենք) թույլտվությամբ: Նման տեքստերի և լուսանկարների բոլոր հեղինակային իրավունքները վերապահված են դրանց իրավատերերին, և դրանք պատճենելու կամ այլ կերպ օգտագործելու թույլտվությունը պետք է հայցվի և ստացվի անմիջապես իրավատիրոջից:
Երրորդ անձանց վեբ կայքերը
Կայքը կարող է պարունակել հղումներ դեպի այլ վեբ կայքեր: Բոլոր այդպիսի հղումները տրամադրվում են Ձեր հարմարավետության համար, և Ձեր կողմից նման վեբ կայքերի օգտագործումը կկարգավորվի տվյալ վեբ կայքերի կիրառելի օգտագործման պայմաններով և գաղտնիության քաղաքականությամբ: Մենք պատասխանատվություն չենք կրում արտաքին վեբ կայքերի ճշգրտության, բովանդակության, կամ հասանելիության համար:
Եթե ունեք հարցեր սույն Օգտագործման պայմանների կամ Կայքի օգտագործման վերաբերյալ, խնդրում ենք կապ հաստատել մեզ հետ՝
«Գիտության և տեխնոլոգիաների հրեշտակների ցանց» հիմնադրամ
Հայաստանի Հանրապետություն, 0033, ք․ Երևան, Հակոբ Հակոբյան փող., 3 շենք
[email protected]

Privacy Policy

“Science and Technology Angel Network” Foundation (“we”, “us” or “our”) is committed to complying with its legal obligations under the applicable laws and to the protection of the rights and freedoms of individuals whose personal data we obtain or generate as part of our activities.We use information about you in the following ways:
To provide you with information and support that you request or expect within the scope of cooperation between you and us.
To provide you with newsletters, information about our upcoming events and projects that we feel may interest you.
To allow you to participate in our events, discussions, and supporting activities when you choose to do so.
To use your personal data, including photos or videos, with your participation in various media channels, including social media.
To prepare and generate statistics and other reports.
To examine your requests and ensure an immediate connection with you.
To disclose or share your personal data if we are under a duty to do so to comply with any legal obligation.
We shall not process your personal data for purposes other than those listed above or prescribed by the applicable law.
“Cookie” files are used to identify your preferences, personalize, and improve the website usability. You shall change the Web browser settings if you do not wish to use “cookie” files. You shall be aware that disabling cookies may lead to an inability to access the Website.
The date of giving consent to the processing of your personal data is the date of submitting your personal data through the website.
We implement or ensure the implementation of appropriate technical and organizational measures to protect the information we collect and store from unlawful or accidental access to it, destruction, modification, blocking, copying, and distribution of personal data, as well as from other illegal actions in relation to personal data.
While we use our best efforts to ensure the security of your personal data, please be aware that the security of information transmitted over the Internet cannot be guaranteed. Accordingly, any transfer of personal data over the Internet, including during submission of such information to the Website, is done at your own risk.
Rights of a Data Subject
As a data subject, you have certain rights which you may exercise if we are in possession of, or are processing, your personal data. Specifically:
Right of access – you have the right to request a copy of the information that we hold about you.
Right of rectification – you have a right to correct data that we hold about you that is inaccurate or incomplete.
Right to be forgotten–you have a right, in certain circumstances, to ask for the data we holdabout you to be erased from our records.
Right to restriction of processing–where certain conditions apply, you have a right to restrict theprocessing of your personal data.
Right of portability–you have the right to have the data we hold about you transferred toanother organization.
Right to object–you have the right to object to certain types of processing or to ask to stop or restrict the processing of your personal data.
To exercise these rights, please contact us using the contact details in the Contact Information section below. If we refuse your request under the rights of access, we will provide you with a reason. You have the right to complain as outlined in the Complaints section below.
If you would like to receive further information concerning the processing of your personal data or to ask us to correct, update or delete any personal data relating to you, you may contact us with a request to do so at [email protected]. At the same time, to protect your privacy and security, please be aware that we may take reasonable steps to verify your identity before taking any steps based on your request (e.g., by asking you to indicate the e-mail address you previously submitted to the Website).
Basis of Processing Personal Data
We will only process personal data where we have a lawful basis. The lawful basis on which data is processed will depend on the nature of the information collected and the purposes for which we use it. However, it will be one or more of the following:
Consent: you have provided your consent for us to process your personal data for a specific purpose.
Contract: the processing is necessary for a contract you have with us or because you have asked us to take specific steps before entering into a contract.
Legal obligation: the processing is necessary for us to comply with our legal obligations.
Vital interests: the processing is necessary to protect someone’s life.
Legitimate interests: the processing is necessary for our legitimate interests or the legitimate interests of a third party.
For these purposes, we may collect your personal data, including first name, last name, date of birth, nationality, country of residence, email addresses, contacts, and data which are automatically submitted by using the Website pages (including IP-address, source of the Website visits and information of search or advertising request, data on the user device, the user clicks, hits on the elements of the Website pages, page views, data on the banners and videos views, data characterizing the audience segments, parameters of a session, information on time and duration of a visit, the user identifiers stored in “cookie” files).
Term for Holding Personal Data
We will only retain your personal data for the period necessary to fulfill the purposes for which it is collected and processed or for such shorter or longer periods as may be prescribed by applicable law. After such time, we will either delete or anonymize your personal data or if this is not possible, we will securely store your personal data and isolate it from any further use until deletion is possible.
You may withdraw your consent to processing your personal data by email using Contact Information stated below. Once we have received your notification that you have withdrawn consent, we will delete your personal data in the databases hosted internally and (or) externally.
Security and Responsibility
We are not responsible for the loss or disclosure of personal data if such data:
appears in the public domain before being lost or disclosed;
was independently developed by third parties;
was obtained by third parties through unauthorized access to the Website files;
was disclosed with your consent.
You are responsible for the lawfulness, correctness, and truthfulness of the submitted personal data under the applicable legislation.
Contact Information
In case of any questions or requests please contact us at:
Science & Technology Angel Network Foundation
3 Hakob Hakobyan Street, Yerevan 033, Armenia
[email protected]
Complaints
If you wish to make a complaint about how your personal data is being processed by us or how your request has been handled, you have the right to lodge a complaint by contacting: [email protected].
Changes to this Policy
We may update or amend this Policy from time to time to comply with the law or to meet its changing internal policies without notice to you. Any updates will be posted, and the date of recent revisions will appear on the Website, so please check this page occasionally to see if you are happy with the current edition of the Policy.
Final Provisions
This Policy applies to this Website only. We do not control and are not responsible for the third parties’ websites that you may switch to via the links available on this Website.

Գաղտնիության Քաղաքականություն

«Գիտության և տեխնոլոգիաների հրեշտակների ցանց» հիմնադրամը («մենք», «մեզ» կամ «մեր») պարտավորություն է ստանձնում կատարելու օրենքով նախատեսված իր պարտավորությունները և պաշտպանելու այն անձանց իրավունքներն ու ազատությունները, որոնց անձնական տվյալները հավաքագրվում են մեր կողմից մեր գործունեության ընթացքում:
Մենք օգտագործում ենք Ձեր մասին հավաքագրված տեղեկատվությունը հետևյալ կերպ.
Որպեսզի Ձեզ տրամադրենք Ձեր կողմից պահանջված կամ ակնկալվող տեղեկատվությունն ու աջակցությունը մեր և Ձեր միջև համագործակցության շրջանակում։
Որպեզի ներառենք Ձեզ մեր տեղեկագրի թողարկումներին, և տեղեկացնենք մեր առաջիկա միջոցառումների ու նախագծերի մասին, որոնք մեր կարծիքով կարող են հետաքրքրել Ձեզ։
Ըստ Ձեր ցանկության՝ մեր միջոցառումներին, քննարկումներին և այլ գործունեությանը Ձեր մասնակցությունը թույլատրելու համար։
Որպեսզի օգտագործենք Ձեր անձնական տվյալները, ներառյալ՝ Ձեր մասնակցությամբ լուսանկարները կամ տեսանյութերը, տարբեր մեդիա հարթակներում, այդ թվում՝ սոցիալական հարթակներում:
Վիճակագրություն և այլ բնույթի հաշվետվությւններ պատրաստելու և կազմելու համար։
Ձեր հարցումներն ուսումնասիրելու և դրանց անմիջապես ընթացք տալու համար։
Ձեր անձնական տվյալները բացահայտելու կամ դրանք փոխանցելու համար, եթե մենք օրենքով պարտավորված ենք այդպես անել։
Մենք չենք մշակի Ձեր անձնական տվյալները որևէ նպատակով, որը կհակասի վերոշարադրյալին կամ արգելված է օրենքով։
Ձեր նախընտրությունների բացահայտման, անհատականացման և Կայքի օգտագործման բարելավման նպատակով օգտագործվում են «cookie» ֆայլեր: Եթե չեք ցանկանում օգտագործել «cookie» ֆայլեր, ապա պետք է փոխեք Ձեր ցանցային դիտարկիչի կարգավորումները: Դուք պետք է տեղյակ լինեք, որ «cookie» ֆայլերի անջատումը կարող է հանգեցնել Կայք մուտք գործելու անհնարինության:
Ձեր անձնական տվյալների մշակմանը համաձայնություն տալու ամսաթիվ է համարվում Կայք Ձեր անձնական տվյալների մուտքագրման ամսաթիվը:
Մենք իրականացնում ենք համապատասխան տեխնիկական և կազմակերպչական միջոցառումները կամ ապահովում ենք դրանց իրականացումը՝ մեր կողմից հավաքագրվող և պահվող տեղեկատվությունը դրա անօրինական կամ պատահական հասանելիությունից, անձնական տվյալների ոչնչացումից, փոփոխումից, արգելափակումից, պատճենելուց, տարածելուց, ինչպես նաև այլ անօրինական գործողություններից պաշտպանելու համար։
Թեև մենք ջանք չենք խնայում Ձեր անձնական տվյալների անվտանգությունն ապահովելու համար, խնդրում ենք նկատի ունենալ, որ ինտերնետով փոխանցվող տեղեկությունների անվտանգությունը երաշխավորել հնարավոր չէ։ Ուստի, ինտերնետով անձնական տվյալների որևէ փոխանցում, ներառյալ Կայքում այդպիսի տվյալների մուտքագրման ընթացքը, կատարվում է Ձեր անձնական պատասխանատվությամբ:
Տվյալների սուբյեկտի իրավունքները
Հանդիսանալով տվյալների սուբյեկտ՝ Դուք ունեք որոշակի իրավունքներ, որոնցից կարող եք օգտվել, եթե մենք տիրապետում կամ մշակում ենք Ձեր անձնական տվյալները: Մասնավորապես՝
Հասանելիության իրավունք – Դուք իրավունք ունեք խնդրելու տրամադրել մեր կողմից Ձեր վերաբերյալ պահվող տեղեկատվության օրինակը:
Ուղղումներ կատարելու իրավունք – Դուք իրավունք ունեք ուղղելու մեր կողմից Ձեր վերաբերյալ պահվող ոչ ստույգ և թերի տվյալները:
Մոռացված լինելու իրավունք – որոշակի հանգամանքների առկայության դեպքում, Դուք իրավունք ունեք խնդրելու վերացնել մեր կողմից Ձեր վերաբերյալ պահվող բոլոր տեղեկությունները:
Մշակումը սահմանափակելու իրավունք – որոշակի հանգամանքների առկայության դեպքում, Դուք իրավունք ունեք սահմանափակելու Ձեր անձնական տվյալների մշակումը:
Տեղափոխելու իրավունք – Դուք իրավունք ունեք պահանջելու մեր կողմից պահվող Ձեր անձնական տվյալները փոխանցել այլ կազմակերպությունների:
Առարկելու իրավունք – Դուք իրավունք ունեք առարկելու Ձեր անձնական տվյալների մշակման որոշակի եղանակների դեմ, ինչպես նաև խնդրելու դադարեցնել կամ սահմանափակել Ձեր անձնական տվյալների մշակումը:
Նշված իրավունքներն իրականացնելու համար, խնդրում ենք կապ հաստատել մեզ հետ՝ «Կոնտակտային տվյալներ» բաժնում նշված կոնտակտային տվյալների միջոցով: Եթե մենք մերժում ենք Ձեր դիմումը մուտքի իրավունքով, ապա մենք կտրամադրենք պատճառը: Դուք իրավունք ունեք բողոքելու, ինչպես նշված է «Բողոքներ» բաժնում։
Եթե ցանկանում եք լրացուցիչ տեղեկություններ ստանալ Ձեր անձնական տվյալների մշակման վերաբերյալ, կամ դիմել մեզ շտկելու, թարմացնելու կամ ջնջելու Ձեզ վերաբերող ցանկացած անձնական տվյալ, ապա կարող եք դիմել մեզ՝ դա անելու խնդրանքով [email protected] էլ. հասցեով: Միևնույն ժամանակ, Ձեր գաղտնիությունը և անվտանգությունը պաշտպանելու համար, մենք կարող ենք ողջամիտ քայլեր ձեռնարկել Ձեր ինքնությունը ստուգելու համար՝ նախքան Ձեր դիմումի հիման վրա որևէ քայլ ձեռնարկելը (օրինակ՝ պահանջել որպեսզի նշեք այն էլեկտրոնային փոստի հասցեն, որը Դուք նախկինում հաստատել եք կայքում):
Անձնական տվյալների մշակման հիմքը
Մենք կմշակենք անձնական տվյալները միայն, երբ կունենանք օրինական հիմք անձնական տվյալների մշակման համար: Տվյալների մշակման օրինական հիմքը կախված կլինի հավաքագրված տեղեկատվության բնույթից և մեր կողմից օգտագործման նպատակներից, բայց կլինի ներքոնշյալներից մեկը կամ մի քանիսը.
Համաձայնություն. Դուք տվել եք Ձեր համաձայնությունը մեզ՝ Ձեր անձնական տվյալները որոշակի նպատակով մշակելու համար:
Պայմանագիր. Մշակումն անհրաժեշտ է մեր հետ կնքած պայմանագրի նպատակներով կամ այն պատճառով, որ Դուք մեզ խնդրել եք որոշակի քայլեր ձեռնարկել նախքան պայմանագիր կնքելը:
Իրավական պարտավորություն. Մշակումն անհրաժեշտ է, որպեսզի մենք կատարենք մեր իրավական պարտավորությունները:
Կենսական շահեր. Մշակումն անհրաժեշտ է ինչ-որ մեկի կյանքը պաշտպանելու համար:
Օրինական շահեր. Մշակումն անհրաժեշտ է մեր օրինական շահերի կամ երրորդ անձանց օրինական շահերի պաշտպանության համար:
Այս նպատակների համար մենք կարող ենք հավաքագրել Ձեր անձնական տվյալները, այդ թվում՝ անունը, ազգանունը, ծննդյան ամսաթիվը, ազգությունը, բնակության երկիրը, էլ. փոստի հասցեները, կոնտակտները, տվյալները, որոնք ավտոմատ կերպով ներկայացվում են Կայքի էջերի միջոցով (ներառյալ՝ IP հասցեն, Կայքի այցելությունների աղբյուրը և որոնումների կամ գովազդային հարցումների մասին տեղեկատվությունը, օգտագործողի սարքի վերաբերյալ տվյալները, մկնիկի հպումները, Կայքի էջերի տարրերի վրա սեղմումները, լրացմանի դաշտերը, էջերի դիտումները, ազդաժապավենների մասին տեղեկությունները և տեսանյութերի դիտումները, լսարանի սեգմենտը բնութագրող տվյալներ, սեսիայի պարամետրերը, այցելության ժամանակի և տևողության վերաբերյալ տեղեկություններ, «cookie» ֆայլերում զետեղված նույնացուցիչները։
Անձնական տվյալների պահման ժամկետը
Մենք պահելու ենք Ձեր անձնական տվյալներն այնքան ժամանակ, քանի դեռ դրանք այլևս անհրաժեշտ չեն այն նպատակների համար, որոնց համար հավաքագրվել են կամ այլ կերպ պահանջվում կամ թույլատրվում է օրենքով։ Այդ ժամանակից հետո մենք կամ կջնջենք կամ անանուն կդարձնենք Ձեր անձնական տվյալները կամ, եթե դա անհնար է, ապահով կպահենք Ձեր անձնական տվյալները և կբացառենք դրանց հետագա օգտագործումը, մինչ հնարավոր կլինի դրանք ջնջել։
Դուք կարող եք հետ կանչել Ձեր անձնական տվյալները մշակելու համաձայնությունը էլ. փոստով՝ օգտագործելով ստորև նշված Կոնտակտային տվյալները: Երբ մենք ստանանք անձնական տվյալները մշակելու համաձայնությունը հետ կանչելու վերաբերյալ Ձեր ծանուցումը, մենք կջնջենք Ձեր անձնական տվյալները շտեմարաններից՝ տեղակայված ներքին և (կամ) արտաքին ցանցերում:
Անվտանգությունը և պատասխանատվությունը
Մենք պատասխանատվություն չենք կրում անձնական տվյալների կորստի կամ բացահայտման համար, եթե այդպիսի տվյալները.
հայտնվում են հանրային տիրույթում՝ նախքան կորելը կամ բացահայտվելը,
ինքնուրույն մշակվել են երրորդ անձանց կողմից,
ձեռք են բերվել երրորդ անձանց կողմից Կայքի ֆայլերին չթույլատրված մուտքի միջոցով,
բացահայտվել են Ձեր համաձայնությամբ:
Դուք պատասխանատու եք ներկայացված անձնական տվյալների օրինականության, ճշգրտության և ճշմարտացիության համար` համաձայն գործող օրենսդրության:
Կոնտակտային տվյալները
Հարցերի կամ դիմումների դեպքում խնդրում ենք կապ հաստատել մեզ հետ հետևյալ հասցեով․
«Գիտության և տեխնոլոգիաների հրեշտակների ցանց» հիմնադրամ
Հայաստանի Հանրապետություն, 0033, ք․ Երևան, Հակոբ Հակոբյան փող., 3 շեն
[email protected]
Բողոքները
Եթե ցանկանում եք բողոք ներկայացնել այն մասին, թե ինչպես են Ձեր անձնական տվյալները մշակվում մեր կողմից կամ ինչպիսի ընթացք է տրվել Ձեր դիմումին, Դուք իրավունք ունեք բողոք ներկայացնել՝ կապվելով հետևյալ էլ. հասցեով. [email protected]:
Սույն Քաղաքականության փոփոխությունները
Մենք կարող ենք ժամանակ առ ժամանակ առանց Ձեզ տեղեկացնելու թարմացնել կամ լրացումներ կատարել սույն Քաղաքականության մեջ՝ օրենքին կամ փոփոխվող ներքին քաղաքականությանն այն համապատասխանեցնելու համար։ Յուրաքանչյուր թարմացում, տվյալ փոփոխության ամսաթվով, կհրապարակվի Կայքում։ Ուստի՝ խնդրում ենք երբեմն այցելել այս էջ՝ վստահ լինելու, որ շարունակում եք գոհ մնալ Քաղաքականության գործող տարբերակից։
Եզրափակիչ դրույթները
Սույն Քաղաքականությունը տարածվում է միայն սույն Կայքի վրա: Մենք չենք վերահսկում և պատասխանատվություն չենք կրում երրորդ անձանց կայքերի համար, որոնց կարող եք անցնել սույն Կայքում հասանելի հղումների միջոցով: